While live cattle prices fell on Thursday, feeder cattle prices are continuing to see gains. Thursday's feeder cattle prices hit $215.98, a 28 cent increase from Wednesday's prices. This small price increase brought the 27-day average price to $218.98. Live cattle prices fell 35 cents on Thursday, dragging the price to $153.35. The 27-day average price came in at $160.51.
Lean hog prices tumbled a bit Thursday, falling 75 cents after also seeing gains on Wednesday. The average price landed at $71.60, while the 27-day average price fell slightly to $78.53.
Crop prices fell on Thursday, with soybeans taking the largest hit dropping 7 cents to $9.77. Corn dropped 4 cents to $3.84 and wheat dropped 3 cents to $5.34.
|Morning Farm Report|