Grains futures drop, livestock prices rise

[November 03, 2010]  CHICAGO (AP) -- Grains futures fell Tuesday on the Chicago Board of Trade.

Wheat for December delivery slid 8.25 cents to $6.9425 a bushel; December corn dropped 1.5 cents to $5.7575 a bushel; December oats fell 1 cent to $3.62 a bushel; and soybeans for January delivery dropped 1 cent to $12.34 a bushel.

Beef and pork futures traded flat or higher on the Chicago Mercantile Exchange.

December live cattle edged up 0.10 cent to 98.25 cents a pound; January feeder cattle gained 1.45 cents to $1.1205 a pound; December lean hogs gained 1 cent to 66.20 cents a pound; and February pork bellies were flat at $1.04 a pound.

[Associated Press]

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