DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Nov 22, 2013 12:27 PM CST

Opening Prices:

Corn (December): $4.22 1/4
Soybeans (January): $12.90 3/4
Soybean Meal (December): $407.4
Live Cattle (December): $131.47
Feeder Cattle (January): $163.37
Lean Hogs (December): $86.00
Class III Milk (December): $18.10

Protein Markets (Soybean Meal):

Soybean meal futures found strength from soybeans and soy oil with December up $4 on Thursday to $411 and January down $2.60 to $405.50. Cash soybean meal prices followed with Georgia, southern Minnesota, central Illinois and Iowa up $4.00. Soybean oil futures were sharply higher closing up 122 to 124 basis points on strong export sales along with higher Malaysian palm oil futures. Palm ...

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