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Agricultural Futures End Mixed on CBOT

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[December 18, 2007]  CHICAGO (AP) -- Wheat prices surged to a record high Monday on the Chicago Board of Trade, before slipping back at the close.

Wheat for March delivery fell 13.5 cents to $9.66 a bushel, after hitting a record $10.095 a bushel; March corn rose 0.5 cent to $4.3875 a bushel; March oats rose 1.5 cents to $2.9925 a bushel; January soybeans fell 0.25 cent to $11.5675 a bushel.

Beef futures ended mixed and pork futures fell on the Chicago Mercantile Exchange.

February live cattle rose 0.15 cent to 95.62 cents a pound; January feeder cattle shed 0.13 cent to $1.0367 a pound; February lean hogs dipped 0.92 cent to 59.25 cents a pound; February pork bellies declined 0.6 cent to 88.17 cents a pound.

[Associated Press]

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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