Feeder cattle prices continue to drop on Tuesday, falling another $1.20 and dropping below $200 to $199.50. The 27-day average fell to $216.13. Live cattle prices gained 55 cents on Tuesday in an attempt to rebound, but fell short coming in at $153.75. The 27-day average price hit $158.02.

Lean hog prices gained 87 with prices landing at $67.20 on Tuesday. The 27-day average is now $74.84.

Corn prices gained 16 cents on Tuesday, landing at $3.86. Wheat also saw gains on Tuesday with prices ending at $5.14 a 21 cent increase. Soybeans gained 27 cents with prices coming in at $9.87.

Morning Farm Report
 
 
Board Prices Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Live Cattle 153.95 153.53 154.85 153.20 153.75 0.55 Report
  Feeder Cattle 212.45 203.58 205.20 200.70 199.50 -1.20 Report
  Lean Hogs 71.53 68.55 67.48 66.33 67.20 0.87 Report
  Corn 3.73 3.72 3.70 3.70 3.86 0.16 Report
  Wheat 5.05 5.08 5.03 4.93 5.14 0.21 Report
  Soybeans 9.70 9.68 9.61 9.60 9.87 0.27 Report
  Soybean Meal 337.40 337.90 329.90 327.90 340.60 12.70 Report
  DJIA 1,710,000 1,743,200 1,709,700 1,729,900 1,729,900 0 Report
Corn Prices Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Kansas City 3.61 3.60 3.59 3.59 3.75 0.16 Report
  Minneapolis 3.44 3.42 3.41 3.40 3.56 0.16 Report
  So. Iowa 3.53 3.52 3.54 3.54 3.70 0.16 Report
  Omaha 3.57 3.57 3.55 3.57 3.74 0.17 Report
Wheat Prices Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Kansas City 5.35 5.44 5.40 5.34 5.59 0.25 Report
  Minneapolis 5.70 5.74 5.71 5.69 5.91 0.22 Report
  Portland 0.00 0.00 0.00 338.15 0.00 -338.15 Report
  St. Louis 5.10 5.12 5.07 4.97 5.19 0.22 Report
Soybean Prices Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Kansas City 9.70 9.68 9.61 9.64 9.92 0.28 Report
  So. Iowa 9.57 9.55 9.49 9.49 9.77 0.28 Report
  Central Illinois 9.76 9.74 9.67 9.67 9.95 0.28 Report
Boxed Beef: Afternoon Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Choice 247.29 244.59 242.44 242.61 243.11 0.50 Report
  Select 240.34 238.34 235.74 235.60 235.14 -0.46 Report
  Ch/Se Spread 6.95 6.26 6.70 7.01 7.97 0.96 Report
  Loads 208.00 187.00 176.00 142.00 159.00 17.00 Report
Pork Cutout: Afternoon Wed
Jan 28
Thu
Jan 29
Fri
Jan 30
Mon
Feb 02
Tue
Feb 03
Change Report
  Carcass 81.30 78.64 79.21 78.67 76.49 -2.18 Report
  Loin 90.22 89.13 87.18 87.08 84.59 -2.49 Report
  Butt 88.30 87.21 86.93 86.22 86.12 -0.10 Report
  Loads 320.27 230.71 183.90 136.96 186.85 49.89 Report