CROPS NEWS
DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Fri Aug 29, 2014 01:50 PM CDT

General Comments:

Additional price support flooded into the soybean meal complex with cash market prices holding double-digit gains early Friday. This could lead to even more volatility in the complex as additional volume is expected to be seen early next week following the holiday weekend.

Opening Prices:

Corn (Sept): $3.60
Soybeans (Sept): $10.70
Soybean Meal (Sept): $440.50
Live Cattle (August): $155.92
Feeder Cattle (August): $218.25
Lean Hogs (October): $97.35
Class III Milk (Sept): $23.83

Protein Markets (Soybean Meal):

Strong follow-through buyer support in the soybean and soybean meal markets through the last half of the week led to an ...

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