Grain lower, beef higher, pork lower

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By AP

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Updated: Fri, 02 May 2014 01:15:41 EST

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

Wheat for July delivery fell 14.25 cents to $7.0725 a bushel; July corn was 12 cents lower at 5.07 a bushel; July oats were 7.5 cents lower at $3.53 a bushel; while July soybeans plummeted 51.75 cents to $14.61 a bushel.

Beef was higher and pork lower on the Chicago Mercantile Exchange.

June live cattle rose 2.05 cents to $1.3925 a pound; August feeder cattle was 3 cents higher at $1.9047 a pound; while June lean hogs fell .32 cent to $1.2280 a pound.

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