Grains futures drop, livestock futures trade mixed

AP News
|
Posted: Jun 24, 2011 4:23 PM
Grains futures drop, livestock futures trade mixed

Grains futures dropped Friday on the Chicago Board of Trade.

Wheat for September delivery fell 8.25 cents to $6.61 a bushel; December corn tumbled 14 cents to $6.32 a bushel; December oats sank 13.25 cents to $3.48 a bushel; while November soybeans slid 8 cents to $13.0925 a bushel.

Meanwhile, beef futures rose while pork prices dropped on the Chicago Mercantile Exchange.

August live cattle rose 0.78 cent to $1.1350 a pound; August feeder cattle added 0.75 cent to $1.3860 a pound; August lean hogs slid 0.70 cent to 95.20 cents a pound; while August pork bellies were unchanged at $1.065 a pound.