After a week of gaining, cattle prices dipped on Thursday. Live cattle prices fell 5 cents, pulling prices to $161.68. The 27-day average price landed at $156.52. Feeder cattle prices dipped 47 cents. Prices fell to $217.23, brining the 27-day average price to $208.47.
Lean hog prices were up on Thursday, reaching $60.98, a week-long high. Prices increased by $1.15 and the 27-day average price came in at $64.23.
Crop prices fell on Thursday, and both corn and soybeans fell 4 cents. Corn prices hit $3.91, while soybean prices fell to $9.75. Wheat prices took a 20 cent hit, falling to $4.99.
|Morning Farm Report|