NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Jul 25, 2013 12:07 PM CDT

Opening Prices:

Corn (September): $5.08 1/2

Soybeans (August): $13.88 1/4

Soybean Meal (August): $447.80

Live Cattle (August): $121.675

Feeder Cattle (August): $153.025

Lean Hogs (August): $98.80

Class III Milk (August): $18.00

Protein Markets (Soybean Meal)

August soybean meal followed soybeans and closed down their daily limit of $20.00 per ton and since Monday, meal futures have dropped $34.60 per ton. Cash meal prices wasted no time a following the soybean complex and closed down $12 per ton in Georgia and east Kansas, down $20.50 per ton in central Illinois, down $40.00 per ton in southern Minnesota and down $47 ...

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