DTN Daily Feedstuffs Comments
Mary Kennedy DTN Basis Analyst
Wed Dec 11, 2013 01:49 PM CST

Opening Prices:

Corn (March): $4.27 1/2
Soybeans (January): $13.39 1/4
Soybean Meal (January): $438.4
Live Cattle (February): $132.87
Feeder Cattle (January): $165.50
Lean Hogs (February): $88.67
Class III Milk (January): $18.51

Protein Markets (Soybean Meal)

Soybean meal futures followed soybeans higher Tuesday with January down 40 were mixed with central Illinois up $9 and Iowa, Georgia, southern Minnesota and east Kansas up $1 per ton. Soybean oil futures dropped 10 points and the USDA report on Tuesday shuffled 400 million pounds of oil from biodiesel to non-biodiesel usage and added 55 million pounds of increased production to the ending ...

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