Agriculture futures trade higher on the CBOT

[June 02, 2009]    CHICAGO (AP) -- Agriculture futures were higher Monday on the Chicago Board of Trade.

Wheat for July delivery surged 37.25 cents to $6.745 a bushel, while July corn jumped 17 cents to $4.4575 a bushel and July oats rose 3 cents to $2.54 a bushel. Soybeans for July delivery advanced 34.5 cents to $12.185 a bushel.

Meanwhile, beef and pork futures fell on the Chicago Mercantile Exchange.

June live cattle lost 0.8 cent to 80.52 cents a pound; August feeder cattle dropped 1.58 cents to $1.0017 a pound; June lean hogs slid 1.17 cents to 62.75 cents a pound; and July pork bellies fell 1 cent to 71.6 cents a pound.

[Associated Press]

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