NEWS
DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Thu May 1, 2014 11:37 AM CDT

Opening Prices:

Corn (July): $5.18
Soybeans (July): $15.10 1/2
Soybean Meal (July): $492.6
Live Cattle (June): $137.15
Feeder Cattle (August): $187.25
Lean Hogs (August): $123.00
Class III Milk (May): $22.70

Protein Markets (Soybean Meal):

Soybean meal futures were higher Wednesday as strong end-user demand supported futures. July closed at $493.70, up $2.50 per ton and August at $464.50 up $2.20. Average cash soybean meal prices were higher with central Illinois, Georgia, Iowa, southern Minnesota and eastern Kansas up $4 per ton. Soybean oil futures were sharply lower after the EIA reported lower January biodiesel production in their Wednesday report. July ...

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