Agriculture futures trade higher on the CBOT - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Agriculture futures trade higher on the CBOT

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CHICAGO (AP) — Agriculture futures advanced Monday on the Chicago Board of Trade.

Wheat for March delivery jumped 10.75 cents to $4.84 a bushel, while March corn climbed 4.5 cents to $3.56 a bushel and oats for March delivery rose 4.75 cents to $2.31 a bushel. March soybeans surged 16 cents to $9.295 a bushel.

Meanwhile, beef and pork futures also traded higher on the Chicago Mercantile Exchange.

February live cattle inched up 0.25 cents to 87.67 cents a pound; March feeder cattle added 0.9 cent to 99.22 cents a pound; February lean hogs edged 0.87 cent higher to 67.57 cents a pound; and February pork bellies gained 1 cent to 81 cents a pound.

Copyright 2010 The Associated Press.

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