DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Dec 24, 2013 11:20 AM CST

Opening Prices:

Corn (March): $4.33 1/2
Soybeans (January): $13.28 1/2
Soybean Meal (January): $444.8
Live Cattle (February): $134.00
Feeder Cattle (March): $167.00
Lean Hogs (February): $86.27
Class III Milk (January): $19.55

Protein Markets (Soybean Meal):

Soybean meal futures followed the soybean market Monday with January down $2.40 at $444.20. Cash meal prices followed with central Illinois, east Kansas and southern Minnesota down $3 per ton. Soybean oil futures closed 16 to 17 basis points lower even as palm oil futures rose for the third day in a row as their currency continues to weaken. Canola closed lower yet again ...

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