NEWS
DTN Daily Feedstuffs Comments
Wed May 1, 2013 03:08 PM CDT

Opening Prices:

Corn: $6.74
Soybeans: $14.37
Soybean Meal: $419.40
Live Cattle: $122.40
Feeder Cattle: $139.90
Lean Hogs: $92.35
Class III Milk: $18.65

Protein Markets (Soybean Meal)

Moderate losses developed in soybean meal futures Tuesday with $3.10 per ton losses and drawing additional pressure into the market early in the month of May. Cash prices in the soybean meal market fell $2 to $3 per ton with canola meal markets following suit also with $3 per ton losses. The concern of weakness in demand following bird flu through China has created pressure in the soybean meal market. Other feed markets are ...

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