NEWS
DTN Daily Feedstuffs Comments
Thu Jan 17, 2013 03:19 PM CST

Opening Prices:

Corn: $7.28
Soybeans: $14.39
Soybean Meal: $418.50
Live Cattle: $128.92
Feeder Cattle: $146.80
Lean Hogs: $86.10
Class III Milk: $18.12

Protein Markets (Soybean Meal)

Strong commercial buying in the soybean complex continues to develop through the second half of the week with an additional double-digit rally seen in soybean prices through the end of the session Wednesday. This is setting up for some additional support and potential gains developing around the idea that active sales and shipments are expected in the soybean and soybean meal markets. This pushed soybean meal futures $7.20 per ton higher, which contributed to ...

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