Grain, Beef Drop


Grain futures were lower Monday on the Chicago Board of Trade.

Wheat for March delivery was off 4 cents to $5.495 a bushel; March corn was 5 cents lower at 3.8025 a bushel; March oats declined 14 cents to $3.12 a bushel; while January soybeans fell 5.25 cents to $10.3375 a bushel.

Beef was lower on the Chicago Mercantile Exchange.

February live cattle fell 2.13 cents to $1.7002 a pound, while January feeder cattle was 3 cents lower at $2.3335 a pound.