NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Nov 7, 2013 12:17 PM CST

Opening Prices:

Corn (December): $4.21
Soybeans (January): $12.54 1/2
Soybean Meal (December): $396.8
Live Cattle (December): $132.02
Feeder Cattle (January): $165.65
Lean Hogs (December): $88.60
Class III Milk (December): $17.90

Protein Markets (Soybean Meal):

December soybean meal futures closed up $4.00 on Wednesday at $396.80. Cash soybean meal prices followed with all cash markets up an average of $4.00 per ton. The ICE Canada canola futures ended the day lower, pressured by a firm Canadian dollar and trader's evening positions, ahead of the USDA report on Friday. With a record canola crop already factored in, a higher-than-expected soybean production number could ...

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