NEWS
DTN Daily Feedstuffs Comments
Wed Dec 12, 2012 10:36 AM CST

Opening Prices:

Corn: $7.26
Soybeans: $14.68
Soybean Meal: $454.50
Live Cattle: $126.25
Feeder Cattle: $152.67
Lean Hogs: $81.67
Class III Milk: $18.52

Protein Markets (Soybean Meal)

Additional support slowly developed into the soybean and soybean meal markets Wednesday following stability in the market late Tuesday, despite the early gains after the crop report. Soybean meal futures posted a gain of $2.60 per ton, moving to $455 per ton in front month futures contracts. Cash markets, on the other hand, posted additional price gains ranging from $1 to $4 per ton as buyers appear to be stepping into the market given ...

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