Friday, March 2, 2012

Agriculture futures open trading lower on CBOT

Agriculture futures traded lower Monday on the Chicago Board of Trade.

Wheat for December delivery fell 36.25 cents to $6.04 a bushel; December corn dropped 29.75 cents to $4.2425 a bushel; December oats declined 12 cents to $3.02 a bushel; November soybeans fell 70 cents to $9.22 a bushel.

Beef and pork futures traded lower on the Chicago Mercantile Exchange.

October live cattle dropped 2.9 cents to 92.7 cents a pound; October feeder cattle declined 2.87 cents to 97.8 cents a pound; October lean hogs lost 0.67 cent to 65.75 cents a pound; February pork bellies lost 1.6 cents to 92.5 cents a pound.

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