NEWS
DTN Daily Feedstuffs Comments
Thu May 2, 2013 03:02 PM CDT

Opening Prices:

Corn: $6.92
Soybeans: $14.45
Soybean Meal: $418.00
Live Cattle: $123.40
Feeder Cattle: $140.15
Lean Hogs: $91.17
Class III Milk: $18.63

Protein Markets (Soybean Meal)

Soybean meal prices tumbled sharply lower in the futures markets Wednesday. This pushed cash markets $11 to $14 per ton lower early Thursday based on the pressure in the soy complex. The wide range in prices over the past few days have left many feed markets mixed with some following the most recent losses, while others are still trying to adjust higher from moves early in the week. This unsettled tone in the ...

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