Grain mostly lower, livestock higher

CHICAGO – Grain futures were mostly lower Wednesday on the Chicago Board of Trade.

Wheat for July delivery declined 5.75 cents to $4.8775 a bushel; July corn was off 5.50 cents to 3.4950 a bushel; July oats were 2 cents lower to 2.3650 a bushel; while July soybeans rose 4.50 cents to $9.27 bushel.

Beef and pork were higher on the Chicago Mercantile Exchange. June live cattle was up .67 cent to $1.5247 a pound; August feeder cattle was 1.82 cents higher to $2.2142 a pound; while June lean hogs rose .60 cent to $.8377 a pound.