Corn, Soybean and Wheat Futures Down on Swine Flu Concerns

Corn, soybean and wheat futures for July delivery fell here yesterday on the Chicago Board of Trade, on speculation that the swine flu outbreak will decrease demand for pork, and therefore, livestock feed.

CHICAGO — Corn, soybean and wheat futures for July delivery fell here yesterday on the Chicago Board of Trade, on speculation that the swine flu outbreak will decrease demand for pork, and therefore, livestock feed.

Corn futures for July delivery declined 5 cents, or 1.3%, to $3.8075 a bushel according to a report from Bloomberg Newswires. Earlier, the price had fallen as much as 4.1%. The grain has declined 36% in the past year and is the biggest U.S. crop, valued at $47.4 bil

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TAGS: Meat