Grain futures, livestock prices fall

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Associated Press

Posted on December 20, 2012 at 2:00 PM

Updated Thursday, Dec 20 at 2:00 PM

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

Wheat for March delivery fell 15.25 cents to $7.9050 a bushel; March corn fell 6.50 cents to $6.9650 a bushel; March oats fell 15.50 cents to $3.5975 a bushel; while January soybeans dropped 28.25 cents to $14.0875 a bushel.

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

February live cattle fell 0.85 cent to $1.3350 a pound; January feeder cattle fell 1.20 cent to $1.5227 a pound; February lean hogs slipped 0.12 cent to 86.45 cents a pound.

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