Both live and feeder cattle prices continued to drop Friday. Feeder cattle prices took the larger hit, falling $3.20 from Thursday. Feeder cattle prices have been dropping since Wednesday. Live cattle prices dropped $3.

Lean hog prices fared better than cattle this week, and gained 85 cents on Friday, bouncing back slightly from Thursday's dip.

Corn gained 6 cents on Friday, hitting an even $4, while wheat dropped 3 cents.

Corn prices in Minneapolis gained 10 cents, while in Southern Iowa and Kansas City they gained 7 cents.

 

Morning Farm Report
 
 
Board Prices Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Live Cattle 166.23 166.03 165.90 163.60 160.60 -3.00 Report
  Feeder Cattle 225.68 224.70 225.65 225.63 222.43 -3.20 Report
  Lean Hogs 79.93 78.58 79.33 78.18 79.03 0.85 Report
  Corn 4.06 4.05 3.96 3.94 4.00 0.06 Report
  Wheat 5.89 5.92 5.80 5.67 5.64 -0.03 Report
  Soybeans 10.40 10.51 10.53 10.45 10.52 0.07 Report
  Soybean Meal 369.00 370.80 368.50 361.30 363.80 2.50 Report
  DJIA 1,745,000 1,729,000 1,750,700 1,782,000 1,782,000 0 Report
Corn Prices Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Kansas City 3.85 3.88 3.79 3.78 3.85 0.07 Report
  Minneapolis 3.71 3.70 3.61 3.59 3.69 0.10 Report
  So. Iowa 3.81 3.80 3.71 3.69 3.76 0.07 Report
  Omaha 3.85 3.85 3.76 3.74 3.80 0.06 Report
Wheat Prices Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Kansas City 6.23 6.29 6.18 6.05 6.00 -0.05 Report
  Minneapolis 6.36 6.40 6.30 6.23 6.18 -0.05 Report
  Portland 6.66 0.00 0.00 6.64 0.00 -6.64 Report
  St. Louis 5.94 5.96 5.96 5.72 5.68 -0.04 Report
Soybean Prices Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Kansas City 10.45 10.55 10.56 10.48 10.52 0.04 Report
  So. Iowa 10.17 10.33 10.34 10.27 10.32 0.05 Report
  Central Illinois 10.47 10.60 10.61 10.53 10.57 0.04 Report
Boxed Beef: Afternoon Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Choice 249.36 250.33 252.75 254.57 256.79 2.22 Report
  Select 240.43 240.05 242.12 245.34 248.23 2.89 Report
  Ch/Se Spread 8.93 10.29 10.63 9.23 8.55 -0.68 Report
  Loads 155.00 180.00 218.00 158.00 163.00 5.00 Report
Pork Cutout: Afternoon Mon
Jan 05
Tue
Jan 06
Wed
Jan 07
Thu
Jan 08
Fri
Jan 09
Change Report
  Carcass 83.91 82.43 82.49 82.69 83.23 0.54 Report
  Loin 91.74 87.75 91.10 89.51 92.27 2.76 Report
  Butt 104.04 105.18 101.60 104.45 100.07 -4.38 Report
  Loads 177.85 268.19 350.92 205.92 178.29 -27.63 Report