Grain mostly lower, livestock higher

8/11/2014 1:00 PM
By Associated Press

CHICAGO (AP) — Grain futures were mostly lower Monday on the Chicago Board of Trade.

Wheat for Sept delivery fell 2.75 cents to $5.4650 a bushel; Dec corn was 4.75 cents higher at 3.6825 a bushel; Dec oats were .25 cent lower at $3.31 a bushel; while Nov soybeans fell 11.50 cents to $10.7325 a bushel.

Beef and pork were higher on the Chicago Mercantile Exchange.

Oct live cattle rose .45 cent to $1.5045 a pound; Sep feeder cattle was 2.70 cents higher at $2.1742 a pound; while Oct lean hogs rose .85 cent to $1.0017 a pound.

Do farmers have the tools they need to cut costs in the face of low crop prices?

  • Yes
  • No
  • Unsure

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