Midweek Cash Market
Cash livestock and wholesale meat prices dropped over the past week.
Soybean basis dropped but the average cash price remained above $15.
Corn basis firmed, though the average cash price fell sharply.
Choice boxed beef prices continue to surge.
Cash hog prices firmed again this week as the seasonal rally is gradually underway.
Cash hog prices show signs of a seasonal low.
Basis firmed for both corn and soybeans even as cash prices rose.
Cash hog prices continued their extended seasonal decline.
Corn and soybean basis declines amid big jump in cash prices.
Soybean basis declined but remained above futures and the cash price firmed over the past week.