Feeder cattle prices rose by nearly $1.00 yesterday, climbing to $225.65. This price is $62.10 above the holiday low set on Dec. 31 and marks a 10-day high. Live cattle prices dipped slightly on Wednesday, tumbling by 13 cents to $165.90.

Lean hog prices saw a similar jump on Wednesday, increasing by 75 cents to $79.33. However, while an improvement over Tuesday’s report, it is still a far cry from the last quarter of 2014. October and early-November in particular experienced lean hog prices ranging between $90 and $95. Since then, prices have steadily declined.

Corn and wheat prices in Kanas City were slightly lower yesterday, tumbling 9 cents and 11 cents, respectively.

Choice boxed beef prices continued its rebound on Wednesday, topping $252. This is an increase of $2.42 from Tuesday and $5.55 above last Wednesday’s prices. Pork carcass prices held steady from Tuesday to Wednesday at $82.49.

 
Morning Farm Report
 
 
Board Prices Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Live Cattle 163.55 165.68 166.23 166.03 165.90 -0.13 Report
  Feeder Cattle 219.45 223.95 225.68 224.70 225.65 0.95 Report
  Lean Hogs 81.20 81.30 79.93 78.58 79.33 0.75 Report
  Corn 3.97 3.96 4.06 4.05 3.96 -0.09 Report
  Wheat 5.90 5.81 5.89 5.92 5.80 -0.12 Report
  Soybeans 10.19 10.03 10.40 10.51 10.53 0.02 Report
  Soybean Meal 364.60 356.50 369.00 370.80 368.50 -2.30 Report
  DJIA 1,775,200 1,772,300 1,745,000 1,729,000 1,729,000 0 Report
Corn Prices Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Kansas City 3.76 3.74 3.85 3.88 3.79 -0.09 Report
  Minneapolis 3.57 3.55 3.71 3.70 3.61 -0.09 Report
  So. Iowa 3.71 3.69 3.81 3.80 3.71 -0.09 Report
  Omaha 3.77 3.76 3.85 3.85 3.76 -0.09 Report
Wheat Prices Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Kansas City 6.24 6.15 6.23 6.29 6.18 -0.11 Report
  Minneapolis 6.42 6.31 6.36 6.40 6.30 -0.10 Report
  Portland 6.71 6.63 6.66 0.00 0.00 0.00 Report
  St. Louis 0.00 5.86 5.94 5.96 5.96 0.00 Report
Soybean Prices Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Kansas City 10.22 10.05 10.45 10.55 10.56 0.01 Report
  So. Iowa 9.92 9.79 10.17 10.33 10.34 0.01 Report
  Central Illinois 10.22 10.07 10.47 10.60 10.61 0.01 Report
Boxed Beef: Afternoon Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Choice 248.90 247.83 249.36 250.33 252.75 2.42 Report
  Select 238.57 239.32 240.43 240.05 242.12 2.07 Report
  Ch/Se Spread 10.33 8.51 8.93 10.29 10.63 0.34 Report
  Loads 163.00 105.00 155.00 180.00 218.00 38.00 Report
Pork Cutout: Afternoon Thu
Jan 01
Fri
Jan 02
Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Change Report
  Carcass 84.34 83.77 83.91 82.43 82.49 0.06 Report
  Loin 94.38 90.55 91.74 87.75 91.10 3.35 Report
  Butt 105.50 104.68 104.04 105.18 101.60 -3.58 Report
  Loads 275.47 108.13 177.85 268.19 350.92 82.73 Report
 
Quotes & Data provided by iNet Solutions Group, Inc.
All commodity prices delayed 10 minutes.