Calendar | Logan County Extension Unit | Ag News Elsewhere [fresh daily from the Web]

Pork futures close higher; wheat, soybeans rise

Send a link to a friend

[May 02, 2009]  CHICAGO (AP) -- Pork futures settled higher Friday afternoon on the Chicago Mercantile Exchange amid easing worries over the swine flu outbreak.

Experts say you cannot catch the disease from eating pork, but multiple countries have banned pork from swine flu-struck regions, which prompted selling in hog futures most of this week.

June lean hogs rose 1.05 cents to 65.57 cents a pound, while July pork bellies gained 3 cents to settle at 78.12 cents a pound.

Agriculture futures traded higher on the Chicago Board of Trade.

Wheat for July delivery jumped 33.5 cents to $5.70 a bushel, while July corn surged 10.25 cents to settle at about $4.14 a bushel and July soybeans advanced 36 cents to $10.91 a bushel. Oats for July delivery added 4 cents to $2.07 a bushel.

Meanwhile, beef futures traded lower on the Mercantile Exchange.

June live cattle lost 0.40 cent to 82.1 cents a pound, and August feeder cattle fell 1.17 cents to 98.45 cents a pound.

[Associated Press]

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 This material may not be published, broadcast, rewritten or redistributed.




< Recent articles

Back to top


News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor