Agriculture futures, beef and pork prices mostly lower on Chicago BOT, Merc Exchange

By AP
Friday, July 10, 2009

Agriculture, livestock prices mostly trade lower

CHICAGO — Agriculture futures mostly dropped in trading Friday on the Chicago Board of Trade.

Wheat for September delivery slid 6.75 cents to $5.155 a bushel, while September corn tumbled 7.25 cents to $3.2225 a bushel and soybeans for August delivery sank 22.5 cents to $10.25 a bushel. September oats were unchanged at $2.115 a bushel.

Meanwhile, beef and pork futures traded mostly lower on the Chicago Mercantile Exchange.

August live cattle dropped 0.40 cent to 83.07 cents a pound, and August feeder cattle fell 0.65 cent to 102.30 cents a pound. August lean hogs slipped 0.15 cent to 63.55 cents a pound, but August pork bellies jumped 2 cents to 62 cents a pound.

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