Grain futures, livestock prices fall

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Associated Press

Posted on December 27, 2012 at 4:02 PM

Updated Thursday, Dec 27 at 5:01 PM

CHICAGO (AP) — Grains futures fell Thursday on the Chicago Board of Trade.

Wheat for March delivery fell 2.25 cents to $7.7225 a bushel; March corn fell 1.75 cent to $6.9150 a bushel; March oats fell 7 cents to $3.53 a bushel; while January soybeans fell 5.75 cents to $14.1875 a bushel.

Beef and pork futures also fell on the Chicago Mercantile Exchange.

February live cattle fell 0.72 cent to $1.3305 a pound; January feeder cattle fell 0.80 cent to $1.5127 a pound; February lean hogs fell 0.43 cent to 87.02 cents a pound.

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