NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Dec 27, 2013 12:36 PM CST

Opening Prices:

Corn (March): $4.26 1/4
Soybeans (January): $13.18 3/4
Soybean Meal (January): $441.5
Live Cattle (February): $134.20
Feeder Cattle (March): $167.20
Lean Hogs (February): $85.50
Class III Milk (January): $19.55

Protein Markets (Soybean Meal):

Soybean meal futures followed the soybean market's demise Thursday with January down $6.40 at $444.00 and March at $425.50 down $7.60. Soymeal prices followed soybeans lower with Iowa down $7.50, Southern Minnesota and central Illinois and east Kansas down $6 per ton. Soybean oil futures hit new lows and closed 16 to 18 basis points lower. Soybean oil traded in the opposite direction ...

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