Agriculture futures fall on Chicago Board of Trade

[January 08, 2009]  CHICAGO (AP) -- Agriculture futures dropped Wednesday on the Chicago Board of Trade.

Wheat for March delivery sank 30.25 cents to $6.1325 a bushel, while March corn slid 10.75 cents to $4.2725 a bushel and March oats shed 6 cents to $2.22 a bushel. March soybeans tumbled 26 cents to $9.90 a bushel.

Beef and pork futures fell on the Chicago Mercantile Exchange.

February live cattle dropped 2.78 cents to 85.77 cents a pound, while March feeder cattle shed 2.7 cents to 93.27 cents a pound. February lean hogs slipped 0.4 cent to 63.55 cents a pound, and February pork bellies lost 1.85 cents to 85.90 cents a pound.

[Associated Press]

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