NEWS
DTN Daily Feedstuffs Comments
Mon Jan 28, 2013 01:52 PM CST

Opening Prices:

Corn: $7.20
Soybeans: $14.40
Soybean Meal: $415.70
Live Cattle: $128.10
Feeder Cattle: $149.45
Lean Hogs: $87.42
Class III Milk: $18.12

Protein Markets (Soybean Meal)

The light to moderate support in the soybean market led to some late week support across the soybean meal complex. Front month soybean meal futures prices increased $1.70 per ton at the end of the week which brought some stability into the market. This left cash prices mostly higher, ranging from $1.50 per ton lower to $2 per ton higher. Most locations posted gains of $1 per ton early Monday with very little additional ...

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