After feeder cattle prices saw gains on Friday, they took a sharp hit Monday dropping $4.50 landing at $200.70. The 27-day average ended at $216.65. Live cattle prices fell again on Monday, dropping $1.65 to $153.20. The 27-day average is now $158.43.
Lean hog prices fell another $1.15 to $66.33. The 27-day average fell to $75.37.
Corn prices remain unchanged, the only price that didn't take a hit on Monday. Prices remained at $3.70. Wheat prices dropped 10 cents down to $4.93, and soybean prices fell 1 cent to $9.60.
|Morning Farm Report|