NEWS
DTN Daily Feedstuffs Comments
Thu Apr 18, 2013 03:58 PM CDT

Opening Prices:

Corn: $6.61
Soybeans: $14.34
Soybean Meal: $413.80
Live Cattle: $126.60
Feeder Cattle: $135.90
Lean Hogs: $88.00
Class III Milk: $17.62

Protein Markets (Soybean Meal)

Moderate to strong support continues to be seen in the soybean meal and canola meal price levels. This is following the soybean market move higher on the futures complex Wednesday. Although the tone of the market remains firm in the soybean market, there is very little spillover support seen Thursday in other feed markets. Actually, the few byproduct feeds that traded posted steady to lower price levels. Most buyers are looking for some longer-term ...

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