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|