DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Thu Aug 29, 2013 02:20 PM CDT

Opening Prices:

Corn (September): $4.99

Soybeans (November): $13.75

Soybean Meal (September): $469.40

Live Cattle (October): $126.95

Feeder Cattle (September): $155.02

Lean Hogs (October): $86.15

Class III Milk (September): $17.62

Protein Markets (Soybean Meal)

Another round of buying in the soybean market helped draw aggressive cash market support back into the soybean meal market. Prices gained an average of $7 per ton following a $7.40 per ton rally in the futures market. Traders appear to be trying to keep the cash to futures price movements stable given the market volatility and concern about growing conditions. Canola prices posted gains of ...

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