1/24/97 -- 5:46 PM

Weekly Commodities,0233


Weekly Commodities,0233

Here are some commodity price trends for the week ended Jan. 24:

Grain and soybean futures finished mostly lower on the Chicago Board of Trade.

Wheat for March delivery retreated to $3.75 a bushel from $3.80 1/2 a bushel a week earlier; March corn fell to $2.72 3/4 a bushel from $2.73 1/4; March oats fell to $1.55 3/4 from $1.57 3/4 a bushel; and March soybeans advanced to $7.47 1/2 from $7.46 a bushel.

Meat and livestock futures were mostly higher on the Chicago Mercantile Exchange.

February cattle fell to 64.65 cents a pound, down from 65.60 cents; January feeder cattle rose to 69.50 cents a pound from 69.07 cents; February hogs rose to 76.95 cents a pound from 75.75 cents; and February pork bellies rose to 81.10 cents a pound from 74.20 cents.

Precious metals were mixed on the Commodity Exchange in New York.

February gold settled at $353.40 a troy ounce, down from $356.40; and March silver advanced to $4.977 a troy ounce from $4.772.

Energy futures retreated on the New York Mercantile Exchange.

Light sweet crude oil for delivery in March retreated to $24.05 a barrel from $24.43; February heating oil fell to 66.77 cents a gallon from 68.44 cents; February gasoline fell to 67.75 cents a gallon from 68.09 cents; and February natural gas fell to $2.824 per 1,000 cubic feet from $3.257.

Copyright 1997 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.