Midweek Cash Market
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.
Basis declined for corn and soybeans over the past week but remained positive and above average.
Choice boxed beef continues the strong year-end price rally.
Boxed beef prices surged over the past week.
Basis remains above average for both corn and soybeans.
Boxed beef and pork cutout prices continued their recent slide.
Soybean basis and the average cash price both rose.
Corn and soybean basis continues to rebound from the harvest lows.