CBOT: December wheat falls 18.25 cents to US$8.8425/bushel; December corn drops 1.50 cent to US$7.5475/bushel; November soybeans decline 40.75 cents to US$15.6025/bushel; December live cattle up 1.42 cent to US$1.2612/lb.

LOS ANGELES , October 1, 2012 () – Grains futures fell Monday on the Chicago Board of Trade.

Wheat for December delivery fell 18.25 cents to $8.8425 a bushel; December corn fell 1.50 cent to $7.5475 a bushel; December oats slipped 4 cents to $3.6650 a bushel; while November soybeans dropped 40.75 cents to $15.6025 a bushel.

Beef and pork futures rose on the Chicago Mercantile Exchange.

December live cattle rose 1.42 cent to $1.2612 a pound; November feeder cattle rose 1.27 cent to $1.4562 a pound; while October lean hogs rose 0.40 cent to 77.57 cents a pound.

Copyright (2012) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP materials nor any portion thereof may be stored in a computer except for personal and non-commercial use. Users may not download or reproduce a substantial portion of the AP material found on this web site. AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.