DTN Daily Feedstuffs Comments
Fri Jun 14, 2013 02:53 PM CDT

Opening Prices:

Corn: $6.50
Soybeans: $15.20
Soybean Meal: $455.70
Live Cattle: $119.60
Feeder Cattle: $145.10
Lean Hogs: $102.12
Class III Milk: $17.98

Protein Markets (Soybean Meal)

Strong pressure in the soybean complex at the end of the week has eroded both cash and soybean meal market prices. Cash soybean meal prices on Friday fell from $4 to $8 per ton following losses of nearly $9 per ton on the futures market Thursday. Similar pressure was seen in the canola meal markets with prices falling $8 to $10 per ton. Other feed ingredient markets were lightly traded at the end of ...

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