Corn prices soar on small harvest estimate

By The Associated Press



CHICAGO — Grains futures rose Thursday on the Chicago Board of Trade.

Wheat for December delivery rose 16.25 cents to $8.86 a bushel; December corn jumped 36.50 cents to $7.7325 a bushel; December oats rose 5 cents to $3.8850 a bushel; while November soybeans rose 25.25 cents to $15.4850 a bushel.

Beef futures rose and pork futures fell on the Chicago Mercantile Exchange.

December live cattle fell 0.65 cent to $1.2592 a pound; November feeder cattle fell 2.90 cents to $1.4380 a pound; while December lean hogs fell 0.60 cent to 77.50 cents a pound.