NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu Dec 26, 2013 12:36 PM CST

Opening Prices:

Corn (March): $4.33
Soybeans (January): $13.32
Soybean Meal (January): $446.6
Live Cattle (February): $133.90
Feeder Cattle (March): $166.82
Lean Hogs (February): $85.67
Class III Milk (January): $19.64

Protein Markets (Soybean Meal):

Soybean meal futures followed the soybean market higher Tuesday with January up $3.20 at $447.40. Adding support to the soymeal market is the tight supplies of cash meal available at this time. Soybean oil futures closed 16 to 18 basis points lower getting close to contract lows hit one week ago. Soybean oil traded in the opposite direction of Malaysian palm oil, which traded to ...

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