DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Wed Oct 23, 2013 03:06 PM CDT

Opening Prices:

Corn (December): $4.40

Soybeans (November): $13.07

Soybean Meal (December): $418.20

Live Cattle (October): $131.50

Feeder Cattle (October): $166.05

Lean Hogs (December): $88.30

Class III Milk (October): $18.22

Protein Markets (Soybean Meal)

Light pressure in soybean markets Tuesday was unable to limit buyer support in soybean meal markets. Traders focused on increased support from both feed demand and overall export interest as futures prices posted a 40 cent per ton gain. Cash soybean meal prices posted gains of $1 to $2.50 per ton in most locations. Most other protein feed markets remained unchanged to lower with light moderate ...

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