NEWS
DTN Daily Feedstuffs Comments
Fri Dec 28, 2012 11:17 AM CST

Opening Prices:

Corn: $6.90
Soybeans: $14.22
Soybean Meal: $428.60
Live Cattle: $129.10
Feeder Cattle: $151.27
Lean Hogs: $87.10
Class III Milk: $18.60

Protein Markets (Soybean Meal)

Most cash trade appears to be done for the year with overall light trade seen in most protein feed markets late in the week. Even though additional pressure has developed in the soybean complex, soybean meal futures fell $3.50 per ton lower in front month futures contracts. Cash markets slipped only $1 per ton. This diversion from the movement in the futures market is more based on lack of overall interest in the market ...

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