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Grains lower, livestock higher

CHICAGO (AP) _ Grain futures were lower in early trading Friday on the Chicago Board of Trade. May. corn was off 0.25 cent at $4.48 a bushel. May. wheat was off 1 cents at $5.97 a bushel. May. oats fell by 2 cents at $3.44 a bushel. May. soybeans lost 1 cent at $11.63 a bushel.

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

Apr. live cattle rose by 0.08 cent at $2.50 a pound. Apr. feeder cattle gained 0.48 cent at $3.74 a pound. May. hogs was up 0.55 cent at $.95 a pound.

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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