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Wednesday, June 14, 2006
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Soybeans, grains retreat

US - Soybean futures declined Tuesday on the Chicago Board of Trade, while grain futures finished mostly lower.

Wheat for July delivery fell 4 cents to $3.69 3/4 a bushel; July corn fell 4 1/4 cents to $2.43 1/4 a bushel; July oats rose 1/2 cent to $1.95 1/4 a bushel; July soybeans fell 4 1/4 cents to $5.95 3/4 a bushel.

Beef and pork futures increased on the Chicago Mercantile Exchange.

August live cattle rose .45 cent to 79.07 cents a pound; August feeder cattle rose .57 cent to $1.088 a pound; July lean hogs rose 2.28 cents a pound; July pork bellies rose 1.02 cent to 88.35 cents a pound.

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Source: Monterey Herald



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