While live cattle prices saw a slight rebound on Thursday, gaining 43 cents and hitting $153.43, feeder cattle prices are continuing to tank. Dropping another $1.08, feeder cattle prices are now sitting at $195.65. The 27-day average price is also on the decline, falling to $214.52.

Lean hog prices continued to drop on Thursday, falling another $1.82 to $63.28. The 27-day average price is now $73.56.

Crop prices fared better on Thursday, with wheat seeing a 15 cent price increase and soybean prices increasing 9 cents. Corn prices increased by a penny.

Morning Farm Report
 
 
Board Prices Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Live Cattle 154.85 153.20 153.75 153.00 153.43 0.43 Report
  Feeder Cattle 205.20 200.70 199.50 196.73 195.65 -1.08 Report
  Lean Hogs 67.48 66.33 67.20 65.10 63.28 -1.82 Report
  Corn 3.70 3.70 3.86 3.84 3.85 0.01 Report
  Wheat 5.03 4.93 5.14 5.11 5.26 0.15 Report
  Soybeans 9.61 9.60 9.87 9.72 9.81 0.09 Report
  Soybean Meal 329.90 327.90 340.60 332.70 331.40 -1.30 Report
  DJIA 1,709,700 1,729,900 1,757,200 1,756,800 1,756,800 0 Report
Corn Prices Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Kansas City 3.59 3.59 3.75 3.73 3.76 0.03 Report
  Minneapolis 3.41 3.40 3.56 3.54 3.58 0.04 Report
  So. Iowa 3.54 3.54 3.70 3.69 3.76 0.07 Report
  Omaha 3.55 3.57 3.74 3.77 3.74 -0.03 Report
Wheat Prices Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Kansas City 5.40 5.34 5.59 5.52 5.64 0.12 Report
  Minneapolis 5.71 5.69 5.91 5.81 5.94 0.13 Report
  Portland 0.00 338.15 0.00 0.00 0.00 0.00 Report
  St. Louis 5.07 4.97 5.19 5.17 5.31 0.14 Report
Soybean Prices Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Kansas City 9.61 9.64 9.92 9.77 9.86 0.09 Report
  So. Iowa 9.49 9.49 9.77 9.55 9.68 0.13 Report
  Central Illinois 9.67 9.67 9.95 9.84 9.93 0.09 Report
Boxed Beef: Afternoon Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Choice 242.44 242.61 243.11 242.75 241.18 -1.57 Report
  Select 235.74 235.60 235.14 235.58 235.39 -0.19 Report
  Ch/Se Spread 6.70 7.01 7.97 7.17 5.80 -1.37 Report
  Loads 176.00 142.00 159.00 196.00 173.00 -23.00 Report
Pork Cutout: Afternoon Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Wed
Feb 04
Thu
Feb 05
Change Report
  Carcass 79.21 78.67 76.49 76.67 73.64 -3.03 Report
  Loin 87.18 87.08 84.59 87.51 83.38 -4.13 Report
  Butt 86.93 86.22 86.12 80.87 78.22 -2.65 Report
  Loads 183.90 136.96 186.85 254.22 227.37 -26.85 Report