Thursday, May 5, 2011

Wheat, corn, oat and soybean futures fall on the CBOT; beef and pork prices mixed

CHICAGO — Grains futures traded down Thursday on the Chicago Board of Trade.

Wheat for July delivery fell 18 cents to $7.54 a bushel; July corn dropped 20.75 cents to $7.0875 a bushel; July oats edged down 12 cents to $3.34 a bushel; while July soybeans fell 30.25 cents to $13.2175 a bushel.

Beef and pork futures traded mixed on the Chicago Mercantile Exchange.

June live cattle fell 0.80 cent to $1.0975 a pound; August feeder cattle edged down 1.17 cent to $1.3175 a pound; June lean hogs gained 0.27 cent to 92.42 cents a pound; while May pork bellies were unchanged at $1.2650 a pound.

(Source: http://www.washingtonpost.com/business/wheat-corn-oat-and-soybean-futures-fall-on-the-cbot-beef-and-pork-prices-mixed/2011/05/05/AFngwE0F_story.html)

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