NEWS
DTN Daily Feedstuffs Comments
Wed Feb 27, 2013 02:28 PM CST

Opening Prices:

Corn: $7.09
Soybeans: $14.57
Soybean Meal: $430.80
Live Cattle: $128.00
Feeder Cattle: $141.55
Lean Hogs: $81.70
Class III Milk: $17.03

Protein Markets (Soybean Meal)

Mixed directions were seen in feed prices early Wednesday after the soybean futures and soybean meal markets moved in separate directions. Pressure in the soybean market Tuesday was due to concerns about just how much additional support could be seen without any additional direction from weather patterns. But soybean meal futures prices posted a $2.10 per ton gain in front month contracts. This pushed cash soybean meal prices higher in most locations. The uncertainty ...

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