Cattle prices fell on Wednesday, but rebounded slightly on Thursday. Both live and feeder cattle prices increased 25 cents. Live cattle prices hit $161.80, bringing the 27-day average price to $158.74. Feeder cattle prices reached $216.48; the 27-day average price hit $215.18.
Lean hog prices fell again on Thursday, dropping 20 cents to $62.10. The 27-day average price fell to $62.44.
Crop prices fell on Thursday. Corn prices dropped only a penny to $3.78, while wheat and soybeans took larger hits. Wheat prices fell 7 cents to $5.19. Soybean prices fell to $9.54, an 18 cent price decrease.
|Morning Farm Report|