DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Wed Oct 16, 2013 12:15 PM CDT

Opening Prices:

Corn (December): $4.43

Soybeans (November): $12.67

Soybean Meal (December): $402.30

Live Cattle (December): $132.70

Feeder Cattle (November): $167.22

Lean Hogs (December): $87.62

Class III Milk (November): $18.20

Protein Markets (Soybean Meal):

December soybean meal futures closed down $5.00 at $402.40 and cash soybean meal prices followed with southern Minnesota and eastern Kansas down $5.00, Georgia down $7.50, Iowa down $4.00 and central Illinois down $3.50. The NOPA September crush was reported at 108.68 million bushels versus the average trade estimate of 106.4 million. Soy oil stocks were below trade estimates down 296 million pounds, which is the lowest ...

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