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Pork trade mixed; agriculture futures rise on CBOT

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[April 30, 2009]  CHICAGO (AP) -- Pork traded mixed Wednesday on the Chicago Mercantile Exchange amid worries over the growing global swine flu outbreak. Experts say you cannot catch the disease from eating pork, but multiple countries have banned pork from swine flu-struck regions.

June lean hogs edged up 0.45 cent to 66.75 cents a pound, while July pork bellies tumbled 1.93 cents to 75.87 cents a pound.

Meanwhile, agriculture futures mostly traded higher on the Chicago Board of Trade.

Wheat for July delivery rose 10 cents to $5.32 a bushel, while July corn jumped 17.75 cents to $4.0125 a bushel and July soybeans surged 42 cents to $10.25 a bushel. Oats for July delivery gained 6.5 cents to $2.02 a bushel.

Beef futures rose as well on the Mercantile Exchange.

June live cattle traded up 1 cent to 82.95 cents a pound, and August feeder cattle also rose 1.07 cents to $1.0012 a pound.

[Associated Press]

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



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