DTN Daily Feedstuffs Comments
Wed Jul 3, 2013 10:41 AM CDT

Opening Prices:

Corn: $5.37
Soybeans: $14.46
Soybean Meal: $436.00
Live Cattle: $122.05
Feeder Cattle: $150.90
Lean Hogs: $101.75
Class III Milk: $17.33

Protein Markets (Soybean Meal)

Firmness in the soybean market and soybean meal futures markets Tuesday created light buying support in cash markets. The front month futures market increased $2.20 per ton Tuesday. This led to uniform $2 per ton gains seen across cash markets. There is very little buyer interest in the market this week in front of the Fourth of July Holiday. And outside of moves in the soybean and soybean meal market, most other feed ingredients ...

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