DTN Daily Feedstuffs Comments
Fri Mar 1, 2013 01:29 PM CST

Opening Prices:

Corn: $7.18
Soybeans: $14.63
Soybean Meal: $431.20
Live Cattle: $130.65
Feeder Cattle: $142.25
Lean Hogs: $81.50
Class III Milk: $17.05

Protein Markets (Soybean Meal)

The renewed support from commercial buyers in the grain complex, helped draw additional support into the soybean complex Thursday. Soybean futures closed with double-digit gains, pushing soybean meal futures $5.50 per ton higher. This is pushing cash prices from $2 to $6 per ton higher early Friday with expectations that moderate end of the week positioning will take place now that a new month is on the books. There is still some uncertainty about ...

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