DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Mon Nov 18, 2013 12:54 PM CST

Opening Prices:

Corn (December): $4.21 1 /2
Soybeans (January): $12.80
Soybean Meal (December): $410.2
Live Cattle (December): $133.22
Feeder Cattle (January): $165.97
Lean Hogs (December): $85.65
Class III Milk (December): $17.98

Protein Markets (Soybean Meal):

Soybean meal futures could not keep early gains after a bullish NOPA crush report Friday morning and followed the soybean market lower. NOPA reported the October soybean crush at 157.1 million bushels, which was 2.8 million bushels higher than the average of the market guesses. December soymeal closed down $14.10 on Friday to $410.50 and January closed down $13.20 to $405.70. Cash soybean meal prices followed with ...

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