DTN Daily Feedstuffs Comments
Thu May 23, 2013 10:42 AM CDT

Opening Prices:

Corn: $6.55
Soybeans: $14.93
Soybean Meal: $438.10
Live Cattle: $120.20
Feeder Cattle: $131.80
Lean Hogs: $94.10
Class III Milk: $18.52

Protein Markets (Soybean Meal)

Support in the soybean meal futures market Wednesday helped draw additional, but light activity in cash markets. Cash soybean meal prices gained $2 per ton as traders seem to be trying to keep pace with the gains in the futures market. Trade volume may be active through to the next day, but should calm down as the holiday weekend approaches, and remain calm into next week. Canola meal prices were mixed in light ...

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