NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Wed Apr 16, 2014 11:45 AM CDT

Opening Prices:

Corn (May): $5.02 1/2
Soybeans (May): $15.00 1/4
Soybean Meal (May): $487.4
Live Cattle (April): $145.100
Feeder Cattle (May): $179.625
Lean Hogs (May): $120.100
Class III Milk (May): $21.80

Protein Markets (Soybean Meal):

Soybean meal futures were higher Tuesday with May closing at $487.40, up $8.30, and July at $474.40, up $5.80 per ton. NOPA's March crush of 153.8 million bushels was 7.7 million bushels above trade estimates and more than 4 million bushels higher than the previous record for March. Average cash soybean meal prices were higher along with meal futures with central Illinois, ...

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