June 30, 2010

CBOT grains, livestock futures trade lower

Grains futures and livestock futures declined on the CBOT on Tuesday (June 29).

Wheat futures for September delivery dropped eight cents to US$4.57 a bushel, while September corn slid nine cents to US$3.3325 a bushel and oats for July delivery sank 13 cents to US$2.485 a bushel.

November soy futures edged down 6.5 cents to US$9.12 a bushel. Meanwhile, beef and pork futures also traded mostly lower on the Chicago Mercantile Exchange.

August live cattle futures lost 0.92 cents to 88.75 cents a pound. August feeder cattle fell 1.1 cents to US$1.1287 a pound. August lean hogs shed 1.22 cents to 80.95 cents a pound and July pork bellies were flat at US$1.012 a pound.