NEWS
DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Tue Sep 3, 2013 03:22 PM CDT

Opening Prices:

Corn (September): $5.00

Soybeans (November): $14.03

Soybean Meal (September): $486.50

Live Cattle (October): $126.85

Feeder Cattle (September): $157.20

Lean Hogs (October): $87.40

Class III Milk (September): $17.94

Protein Markets (Soybean Meal)

Light buyer support redeveloped late last week despite little interest seen before the holiday weekend. Prices pushed nearly $1 per ton higher in most cash markets but the focus on lack of trade activity limited any long-term direction. The soybean market is in a strong uptrend with prices gaining $40 to $55 per ton over the last week. This puts prices nearing $500 per ton at ...

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