Live cattle prices rose $1.88 on Friday, hitting $161.18. This jump brought the 27-day average to $159.30. Feeder cattle prices saw a similar jump, reaching $214.85 after a 57 cent rise.
Lean hogs jumped $1.12 to $79.45 on Friday, bringing the 27-day average to $66.05.
Crop prices did not fare so well. Corn saw a six cent decline to hit $3.65 on Friday. Soybeans had a similar fate, dropping $9.78 to $9.70. Wheat saw the largest drop of 12 cents to hit $4.86, bringing the 27-day average to $5.13.
|Morning Farm Report|