DTN Daily Feedstuffs Comments
Thu Mar 21, 2013 02:39 PM CDT

Opening Prices:

Corn: $7.29
Soybeans: $14.24
Soybean Meal: $414.30
Live Cattle: $126.20
Feeder Cattle: $135.15
Lean Hogs: $77.75
Class III Milk: $16.98

Protein Markets (Soybean Meal)

Midweek support in the soybean market continues to draw buyers back to the soy complex, and also into several of the other feed ingredient markets early Thursday. Soybean meal futures posted a $2.20 per ton gain midweek. This spurred light buying through most cash markets. Prices for cash soybean meal prices increased $1 to $2.50 per ton as buyers seem to indicate that this may be a short-term bottom to markets. Canola meal prices ...

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