Agriculture futures trade higher on the CBOT

[May 21, 2009]    CHICAGO (AP) -- Agriculture futures were higher Wednesday on the Chicago Board of Trade.

Wheat for July delivery jumped 9 cents to $5.9775 a bushel, while July corn inched up 0.25 cent to $4.26 a bushel and July soybeans advanced 7 cents to $11.69 a bushel. Oats for July delivery rose 4.5 cents to $2.385 a bushel.

Meanwhile, beef futures traded higher and pork futures were mixed on the Chicago Mercantile Exchange.

June live cattle edged up 0.55 cent to 82.22 cents a pound; August feeder cattle gained 0.33 cent to $1.017 a pound; June lean hogs rose 0.22 cent to 66.47 cents a pound; and July pork bellies fell 1.73 cents to 70.47 cents a pound.

[Associated Press]

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