Both live and feeder cattle prices dropped Wednesday. Feeder cattle prices took the bigger hit, falling another $2.77. Feeder cattle prices have been falling since Monday, and are at their lowest point in the last week at just $196.73. The 27-day average price has fallen to $215.36. Live catle prices lost momentum on Wednesday after seeing slight gains on Tuesday. Live cattle prices fell to $153.00, dropping 75 cents. The 27-day average price landed in at $157.52.

Lean hog prices tumbled another $2.10, reaching a week-long low of $65.10. The 27-day average price for lean hogs is still at $74.22.

Corn prices saw the smallest price decrease, dropping only 2 cents down to $3.84. Wheat prices dipped 3 cents, and soybean prices fell 15 cents to $9.72.

Morning Farm Report
 
 
Board Prices Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Live Cattle 153.53 154.85 153.20 153.75 153.00 -0.75 Report
  Feeder Cattle 203.58 205.20 200.70 199.50 196.73 -2.77 Report
  Lean Hogs 68.55 67.48 66.33 67.20 65.10 -2.10 Report
  Corn 3.72 3.70 3.70 3.86 3.84 -0.02 Report
  Wheat 5.08 5.03 4.93 5.14 5.11 -0.03 Report
  Soybeans 9.68 9.61 9.60 9.87 9.72 -0.15 Report
  Soybean Meal 337.90 329.90 327.90 340.60 332.70 -7.90 Report
  DJIA 1,743,200 1,709,700 1,729,900 1,757,200 1,757,200 0 Report
Corn Prices Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Kansas City 3.60 3.59 3.59 3.75 3.73 -0.02 Report
  Minneapolis 3.42 3.41 3.40 3.56 3.54 -0.02 Report
  So. Iowa 3.52 3.54 3.54 3.70 3.69 -0.01 Report
  Omaha 3.57 3.55 3.57 3.74 3.77 0.03 Report
Wheat Prices Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Kansas City 5.44 5.40 5.34 5.59 5.52 -0.07 Report
  Minneapolis 5.74 5.71 5.69 5.91 5.81 -0.10 Report
  Portland 0.00 0.00 338.15 0.00 0.00 0.00 Report
  St. Louis 5.12 5.07 4.97 5.19 5.17 -0.02 Report
Soybean Prices Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Kansas City 9.68 9.61 9.64 9.92 9.77 -0.15 Report
  So. Iowa 9.55 9.49 9.49 9.77 9.55 -0.22 Report
  Central Illinois 9.74 9.67 9.67 9.95 9.84 -0.11 Report
Boxed Beef: Afternoon Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Choice 244.59 242.44 242.61 243.11 242.75 -0.36 Report
  Select 238.34 235.74 235.60 235.14 235.58 0.44 Report
  Ch/Se Spread 6.26 6.70 7.01 7.97 7.17 -0.80 Report
  Loads 187.00 176.00 142.00 159.00 196.00 37.00 Report
Pork Cutout: Afternoon Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Change Report
  Carcass 78.64 79.21 78.67 76.49 76.67 0.18 Report
  Loin 89.13 87.18 87.08 84.59 87.51 2.92 Report
  Butt 87.21 86.93 86.22 86.12 80.87 -5.25 Report
  Loads 230.71 183.90 136.96 186.85 254.22 67.37 Report