DTN Daily Feedstuffs Comments
Tue Jan 22, 2013 03:19 PM CST

Opening Prices:

Corn: $7.32
Soybeans: $14.47
Soybean Meal: $419.20
Live Cattle: $125.80
Feeder Cattle: $144.40
Lean Hogs: $85.60
Class III Milk: $18.10

Protein Markets (Soybean Meal)

The light gains in the soybean and soybean meal futures markets late last week left most feed ingredient markets relatively flat over the long holiday weekend and into early Tuesday. Soybean meal futures closed at $414.40 per ton last week, after a gain of 40 cents per ton. This lack of aggressive movement left cash markets unchanged with prices in Iowa averaging $412 per ton. Canola meal prices were also lightly traded with very ...

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