DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Fri Aug 16, 2013 12:09 PM CDT

Opening Prices:

Corn (September): $4.81

Soybeans (November): $12.61 3/4

Soybean Meal (September): $410.50

Live Cattle (October): $128.25

Feeder Cattle (September): $157.20

Lean Hogs (October): $88.37

Class III Milk (September): $18.16$

Protein Markets (Soybean Meal)

Soybean meal futures closed higher with September closing up $1.90 at $409.80 and December up $8.50 per ton at $387.60. NOPA reported a July crush of 116.3 million bushels, which was within market expectations of 116.4 million bushels and 2.8 million bushels lower than the June crush. The soy oil ending stocks dropped 248 million pounds during July, which was a larger drop in stocks ...

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