Comment on Agriculture, livestock futures trade higher

Agriculture, livestock futures trade higher

Agriculture futures were mostly higher early Thursday on the Chicago Board of Trade.Wheat for March delivery gained 2.25 cents to $5.47 a bushel, while March corn rose 1.25 cents to $4.15 a bushel and soybeans for January delivery jumped 7 cents to $10.515 a bushel. March oats were flat at $2.7625 a bushel.Meanwhile, beef and pork futures advanced on the Chicago Mercantile Exchange.February live cattle edged up 0.8 cent to 85.85 cents a pound; January feeder cattle added 0.73 cent to 95.85 cents a pound; February lean hogs rose 0.53 cent to 66.15 cents a pound; and February pork bellies climbed 2.8 cents to 89.1 cents a pound.

 

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