NEWS
DTN Daily Feedstuffs Comments
Tue Feb 5, 2013 01:08 PM CST

Opening Prices:

Corn: $7.28
Soybeans: $14.83
Soybean Meal: $433.30
Live Cattle: $127.75
Feeder Cattle: $148.87
Lean Hogs: $87.60
Class III Milk: $17.23

Protein Markets (Soybean Meal)

Moderate to strong support in the soybean market continued to develop through the trading session Monday. This posted double-digit gains in soybean price levels, and caused soybean meal futures prices to rally $6.10 per ton at the close of trade Monday. Cash prices early Tuesday were reported from $3.50 to $8.50 per ton higher following not only additional support from the higher futures market and expected additional market support, but also from additional buying ...

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