DTN Daily Feedstuffs Comments
Thu Jan 31, 2013 11:13 AM CST

Opening Prices:

Corn: $7.39 1/2
Soybeans: $14.77 1/4
Soybean Meal: $432.50
Live Cattle: $128.17
Feeder Cattle: $148.87
Lean Hogs: $86.90
Class III Milk: $17.19

Protein Markets (Soybean Meal)

The soybean meal market closed higher Wednesday and the commercial outlook continues bullish. Cash meal prices followed futures higher, with hi protein meal prices rising $7.00 per ton in central Illinois to $444 to $453; up $9.00 to $428 to $439 in Iowa; up $9.00 to $434 to 439 in southern Minnesota; up $9.00 per ton to $458 to $488 in Georgia; and up $9.00 to $$38 to $445 in eastern Kansas.


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