DTN Daily Feedstuffs Comments
Mon Jun 17, 2013 09:35 AM CDT

Opening Prices:

Corn: $6.54
Soybeans: $15.05
Soybean Meal: $448.30
Live Cattle: $119.150
Feeder Cattle: $143.70
Lean Hogs: $98.05
Class III Milk: $17.99

Protein Markets (Soybean Meal)

Futures prices of soybeans and soybean meal moved in separate directions late last week. This focused more soybean market buying on old-crop supplies, while soybean meal futures seemed to move in the direction of deferred soybean contracts, which posted light to moderate losses. Soybean meal futures fell $1 to $2 per cwt through the complex late last week. This is creating moderate pressure on the cash market through the early week. Front month soybean ...

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