Monday, Nov. 09, 2009

Agriculture futures jump on the Chicago BOT

CHICAGO -- Agriculture futures advanced Monday on the Chicago Board of Trade.

Wheat for December delivery surged 22.75 cents to $5.20 a bushel, while December corn jumped 19 cents to $3.86 a bushel and oats for December delivery gained 4.5 cents to $2.585 a bushel. January soybeans added on 17 cents to $9.72 a bushel.

Meanwhile, beef futures rose and pork futures traded mixed on the Chicago Mercantile Exchange.

December live cattle slipped 0.05 cent to 84.95 cents a pound; January feeder cattle fell 0.37 cent to 95.7 cents a pound; December lean hogs inched up 0.1 cent to 55.8 cents a pound; and February pork bellies lost 1.5 cents to 84.6 cents a pound.

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