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Grain futures drop, livestock trades lower


March 16. 2013 8:15PM
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(AP) Grains futures fell Tuesday on the Chicago Board of Trade.


Wheat for March delivery slid 9.50 cents to $7.32 a bushel; March corn fell 6 cents to $6.9625 a bushel; March oats dropped 3.25 cents to $3.7775 a bushel; while March soybeans lost 10.75 cents to $14.2075 a bushel.


Beef and pork futures closed lower on the Chicago Mercantile Exchange.


April live cattle fell 0.40 cent to $1.2995 a pound; March feeder cattle fell 1.55 cent to $1.4325 a pound; April lean hogs fell 0.37 cent to 86 cents a pound.


Associated Press


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