Live cattle prices fell $2.83 on Thursday to hit $134.40. The 27-day average price now rests at $134.30. Feeder cattle prices saw a huge drop from $186.15 on Wednesday to $181.63 on Thursday. The $4.52 fall brought the 27-day average price to $188.85.

Lean hog prices saw a $1.98 fall on Thurday to $55.40, bringing the 27-day average price to $55.40.

Corn dropped six cents on Thursday to $3.75, while wheat stayed steady at $5.26.