Both live cattle and feeder cattle prices fell again on Tuesday. Live cattle dropped another $3, landing at $157.45. Tuesday's price decrease brings the 27-day average for live cattle prices to $162.46. Feeder cattle prices fell $1.85 on Tuesday after seeing gains on Monday. The feeder cattle price for Tuesday was $221.55, bringing the 27-day average to $222.04.
Lean hog prices fell again to $75.18, a price reduction of $1.47. Tuesday's price dip brings the 27-day average for lean hog prices to $81.50.
Corn prices fell an average of 16 cents on Tuesday, while wheat prices were mixed. In Kansas City, wheat prices fell 9 cents, but in Portland, prices rose $6.53.
|Morning Farm Report|