DTN Daily Feedstuffs Comments
Mon Apr 29, 2013 02:11 PM CDT

Opening Prices:

Corn: $6.56
Soybeans: $14.30
Soybean Meal: $419.50
Live Cattle: $128.00
Feeder Cattle: $140.77
Lean Hogs: $92.62
Class III Milk: $17.61

Protein Markets (Soybean Meal)

Follow-through support at the end of last week helped to push soybean futures higher Friday. This led to moderate futures support in the soybean meal market before the weekend. Buyer support was seen early in the week with cash soybean meal markets showing price gains of $4 to $6 per ton. Similar gains were seen in both the canola meal and whole cottonseed markets as traders are looking at additional commercial buyer support redeveloping ...

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