Wheat, corn, oats, soybeans fall on the Chicago Board of Trade; beef futures mixed, pork lower

By AP
Wednesday, June 3, 2009

Agriculture futures trade lower on the CBOT

CHICAGO — Agriculture futures fell Wednesday on the Chicago Board of Trade.

Wheat for December delivery dropped 8.5 cents to $5.6625 a bushel, while December corn lost 4 cents to $3.98 a bushel and oats for December delivery edged down 2 cents to $2.595 a bushel. January soybeans shed 2.5 cents to $10.27 a bushel.

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

December live cattle fell 1 cent to 83.07 cents a pound; January feeder cattle lost 1.05 cents to 91.72 cents a pound; December lean hogs inched up 0.05 cent to 56.45 cents a pound; and February pork bellies gained 0.05 cent to 88.65 cents a pound.

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