DTN Daily Feedstuffs Comments
Fri May 3, 2013 02:10 PM CDT

Opening Prices:

Corn: $7.00
Soybeans: $14.51
Soybean Meal: $417.80
Live Cattle: $123.52
Feeder Cattle: $140.65
Lean Hogs: $92.85
Class III Milk: $18.70

Protein Markets (Soybean Meal)

Protein feed sources are mixed at the end of the week despite a bounce higher in soybean and soybean meal markets on Thursday. Soybean meal futures rallied $3 per ton on Thursday. This helped draw additional buyer support into the cash soybean meal markets to the tune of $1 to $4 per ton. Prices for cash soybean meal in Iowa are ranging from $430 to $442 per ton given the recent support in ...

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