Grains futures, livestock prices drop

AP News
|
Posted: Jul 29, 2011 11:04 AM
Grains futures, livestock prices drop

Grains futures slid in early trading Friday on the Chicago Board of Trade.

Wheat for September delivery tumbled 13.25 cents to $6.80 a bushel; December corn slid 16.25 cents to $6.70 a bushel; December oats were dropped 3 cents to $3.60 a bushel; while November soybeans fell 17 cents to $13.545 a bushel.

Beef and pork futures fell or were unchanged on the Chicago Mercantile Exchange.

October live cattle dropped 0.5 cent to $1.1565 a pound; August feeder cattle were unchanged at $1.3580 a pound; and October lean hogs shed 0.6 cent to 91.85 cents a pound.