NEWS
DTN Daily Feedstuffs Comments
Wed Jan 30, 2013 01:27 PM CST

Opening Prices:

Corn: $7.36
Soybeans: $14.69
Soybean Meal: $429.50
Live Cattle: $128.27
Feeder Cattle: $149.27
Lean Hogs: $87.00
Class III Milk: $16.99

Protein Markets (Soybean Meal)

The soybean meal market closed higher Tuesday, supported by light noncommercial buying. The structure of the market remains bullish, but a seasonal uptrend could be limited. Cash meal prices followed along, with central Illinois reporting prices from $439 to $444, Iowa $419 to $430, southern Minnesota $425 to $430, Georgia $449 to $479. All these were $4 per ton higher for high protein meal. Eastern Kansas reported prices $6 per ton higher at $429 ...

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