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Thursday, May 22, 2008
Agriculture futures trade lower on CBOT
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Agriculture futures traded lower Thursday on the Chicago Board of Trade.

Wheat for July delivery fell 33 cents to $7.45 a bushel; July corn lost 11.5 cents to $5.9575 a bushel; July oats fell 8 cents to $3.885 a bushel; July soybeans lost 24.25 cents to $13.2475 a bushel.

Beef and pork futures traded mixed on the Chicago Mercantile Exchange.

June live cattle rose 0.53 cent to 95.15 cents a pound; May feeder cattle fell 0.18 cent to $1.0787 a pound; June lean hogs rose 0.42 cent to 76.92 cents a pound; May pork bellies dropped 3 cents to 72.9 cents a pound.

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