DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Tue Mar 18, 2014 12:15 PM CDT

Opening Prices:

Corn (May): $4.78 1/4
Soybeans (May): $13.90
Soybean Meal (May): $446.0
Live Cattle (April): $145.200
Feeder Cattle (April): $178.050
Lean Hogs (April): $122.675
Class III Milk (April): $23.25

Protein Markets (Soybean Meal):

Soybean meal futures were higher Monday with May closing at $446.60, up $2.60 and July at $434.60, up $3.20 per ton. USDA announced Monday that 110,000 metric tons of U.S. soymeal were sold to unknown destinations. Also aiding soymeal was the NOPA February crush coming in higher than trade expectations. Average soybean meal prices followed with central Illinois, Iowa and southern Minnesota and ...

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