NEWS
DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Mon Jul 7, 2014 01:18 PM CDT

General Comments:

Further bearishness quickly developed through the grain complex early Monday morning. Traders are focusing on good growing conditions in most of the Corn Belt. This is allowing for both grain and feed prices to tumble lower early in the week.

Opening Prices:

Corn (Sept): $4.05
Soybeans (August): $12.82
Soybean Meal (August): $412.00
Live Cattle (August): $155.50
Feeder Cattle (August): $217.62
Lean Hogs (August): $131.90
Class III Milk (August): $20.65

Protein Markets (Soybean Meal):

Widespread pressure is still developing in protein feed sources, although overall trade remains light through cash markets surrounding the holiday weekend. Futures trade ...

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