DTN Daily Feedstuffs Comments
Mon Apr 1, 2013 02:00 PM CDT

Opening Prices:

Corn: $6.54
Soybeans: $13.88
Soybean Meal: $399.50
Live Cattle: $128.90
Feeder Cattle: $144.65
Lean Hogs: $80.50
Class III Milk: $16.95

Protein Markets (Soybean Meal)

The grain market has remained under pressure Monday after sharp losses in the futures market following the release of the USDA quarterly stocks report last Thursday. Soybean meal futures posted a $18.80 per ton loss late last week, which attributed to cash prices falling between $17 and $18 per ton at the end of the month. It is likely that additional losses will develop through the early part of the week, keeping nearly all ...

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