While live cattle prices fell another $1.40 on Tuesday down to $153.05, feeder cattle prices rebounded slightly from a week of declining prices. Feeder cattle prices landed at $214.48 on Tuesday, a 38 cent price increase. Tuesday's price increase brings the 27-day average to $219.37.
Lean hog prices took a hit, falling $2.72 on Tuesday, ending with prices hitting only $71.78. The 27-day average lean hog price landed at $79.31.
Crop prices remained fairly steady, with corn seeing a 3 cent price increase and wheat seeing a 4 cent price increase.
|Morning Farm Report|