NEWS
DTN Daily Feedstuffs Comments
Wed Jun 12, 2013 10:43 AM CDT

Opening Prices:

Corn: $6.57
Soybeans: $15.43
Soybean Meal: $465.00
Live Cattle: $120.20
Feeder Cattle: $144.67
Lean Hogs: $101.05
Class III Milk: $18.00

Protein Markets (Soybean Meal)

The sharp surge in the soybean complex Tuesday sent protein feed prices into orbit. At least the soybean meal complex soared higher with traders focusing on the increased buyer interest developing the day before the USDA crop production and supply and demand reports. There may be some adjustments to meal prices over the rest of the week, but cash prices early Wednesday posted double-digit gains. The $15.10 per ton rally in the front ...

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