NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Wed Oct 30, 2013 12:13 PM CDT

Opening Prices:

Corn (December): $4.31 1/2
Soybeans (November): $12.79
Soybean Meal (December): $410.8
Live Cattle (December): $134.47
Feeder Cattle (November): $166.65
Lean Hogs (December): $91.35
Class III Milk (November): $18.63

Protein Markets (Soybean Meal):

December soybean meal futures went the opposite direction of soybeans closing down $3.90 to end at $410.80. Cash soybean meal prices followed with southern Minnesota down $3.00 and central Illinois and Iowa down $4.00. A strong Malaysian palm oil market gave a boost to oil futures with December and January closing up 61 basis points. The ICE Canada canola futures started the day lower Tuesday, but ended ...

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