DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Jan 31, 2014 01:50 PM CST

Opening Prices:

Corn (March): $4.27 1/2
3/4Soybeans (March): $12.69
Soybean Meal (March): $423.3
Live Cattle (April): $140.52
Feeder Cattle (March): $168.72
Lean Hogs (April): $93.90
Class III Milk (March): $21.50

Protein Markets (Soybean Meal):

Soybean meal futures were higher with March closing at $425.20, up $1.90 per ton and May at $410.60, up $1.40 per ton. Soybean meal followed with central Illinois, east Kansas, Iowa and southern Minnesota up $2 per ton. Soybean oil futures closed slightly lower, down 3 basis points, and Malaysian palm oil futures ended higher Thursday afternoon as they are closed until February 4th ...

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