Grain lower, livestock higher

Associated Press

Grain futures were lower Thursday in early trading on the Chicago Board of Trade.

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Wheat for May delivery was 7 cents lower at $4.46 a bushel; May corn was down 4.60 cents at $3.6140 a bushel; July oats was up 1.60 cents at $2.40 a bushel while May soybeans lost 3.60 cents to $9.6160 a bushel.

Beef higher and pork were higher on the Chicago Mercantile Exchange.

June live cattle was 4.50 cents higher at $1.3455 a pound; May feeder cattle was up 1.90 cents at $1.5520 pound; May lean hogs rose .98 cent to $.6893 a pound.