The cost of living rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control. The consumer price index was up 0.1 percent after falling 0.CHICAGO (AP) — Grains futures rose Wednesday on the Chicago Board of Trade.
Wheat for March delivery rose 2.25 cents to $7.85 a bushel; March corn rose 0.75 cent to $7.3125 a bushel; March oats rose 0.75 cent to $3.5725 a bushel; while March soybeans jumped 23 cents to $14.3650 a bushel.
Beef and pork futures fell on the Chicago Mercantile Exchange.
February live cattle fell 1.90 cent to $1.2850 a pound; March feeder cattle fell 2.15 cents to $1.4822 a pound; February lean hogs slipped 0.10 cent to 85.15 cents a pound.
