DTN Daily Feedstuffs Comments
Mon May 6, 2013 02:09 PM CDT

Opening Prices:

Corn: $6.85
Soybeans: $14.59
Soybean Meal: $417.40
Live Cattle: $122.45
Feeder Cattle: $138.77
Lean Hogs: $91.22
Class III Milk: $18.66

Protein Markets (Soybean Meal)

Light pressure developed in the soybean and soybean meal markets late last week. This led to a $1-per-ton loss in cash soybean meal markets in nearly all markets. The softness was also seen through the canola meal markets with prices varying widely through the upper Midwest. Most markets were held into a very narrow and mixed price range early Monday. There is expected to be additional pressure in cash markets through the early ...

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