Grains trade drop; Beef, pork prices rise

Published June 28, 2012 2:56pm ET



CHICAGO (AP) — Grains futures declined Thursday on the Chicago Board of Trade.

Wheat for September delivery fell 5.25 cents to $7.46 a bushel; December corn dipped 0.75 cent to $6.3225 a bushel; December oats dropped 1.5 cent to $3.4375 a bushel; while November soybeans slid 8.5 cents to $14.035 a bushel.

Beef and pork futures rose on the Chicago Mercantile Exchange.

August live cattle gained 2.07 cents to $1.1932 a pound; August feeder cattle added 1.6 cent to $1.5045 a pound; while August lean hogs rose 2.2 cents to 93.9 cents a pound.