Cattle prices were up on Wednesday, as live cattle saw gains of $1.13. Prices reached $160.73, bringing the 27-day average price to $159.55. Feeder cattle prices reached $215.23. The $2.03 price increase drove the 27-day average price to $215.91.
While cattle prices saw smaller gains, lean hogs prices soared on Wednesday. Lean hog prices were up $12.30, bringing prices to a whopping $75.48. The 27-day average price hit $62.34. Wednesday's price was the highest it has been during that period of time.
Crops prices were mixed again on Wednesday as wheat price continued to fall. Wheat prices dropped another 6 cents to $4.91. Corn and soybean prices were both up. Corn saw a 2 cent price increase, bringing prices to $3.76. Soybean prices were up another 5 cents, which brought prices to $9.65.
|Morning Farm Report|