DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Fri Aug 30, 2013 09:30 AM CDT

Opening Prices:

Corn (September): $4.97

Soybeans (November): $13.56

Soybean Meal (September): $466.00

Live Cattle (October): $126.92

Feeder Cattle (September): $156.22

Lean Hogs (October): $87.50

Class III Milk (September): $17.52

Protein Markets (Soybean Meal)

Despite the pullback in soybean prices Thursday, soybean meal prices continue to gain support as commercial buying consistently steps into the market. Cash soybean meal prices posted gains of $4 to $5.50 per ton while nearby soybean meal futures prices gained $4.10 per ton. The expectation of additional buyer support over the holiday weekend in cash markets as well as expectations of further market support through ...

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