Feeder cattle prices made significant gains on Monday, increasing $4.18. Prices pulled back over $200 to $203.63. The 27-day average price is now $213.19. Live cattle prices rose on Monday, as well. Prices hit $158.45, up $2.37 from Friday's price. The 27-day average price landed at $156.60.
While feeder and live cattle prices continue to make gains, lean hog prices are tumbling. Prices fell $2.60, down to $61.28. The 27-day average price fell to $72.18.
Corn and soybean prices both saw 5 cent gains on Monday. Wheat prices also increased 3 cents.
|Morning Farm Report|