Live cattle prices increased by 90 cents on Friday, landing at $160. The 27-day average price was up to $155.60. Feeder cattle prices leaped $3.55. Prices reached a week-long high of $203.85 after a volatile week. Prices fell to as low as $198.75 on Wednesday. The 27-day average price ended at $209.67.
Lean hog prices saw big gains after prices took a tumble last week. Prices gained $4.08, reaching $66.03. The 27-day average price hit $69.64.
Crop prices were up on Friday. Corn prices gained 4 cents, seeing the smallest gains of the day. Soybeans gained 7 cents with prices reaching $9.91. Wheat prices increased 12 cents moving prices to $5.33.
|Morning Farm Report|