NEWS
DTN Daily Feedstuffs Comments
Rick Kment DTN Analyst
Fri Nov 28, 2014 11:50 AM CST

GENERAL COMMENTS:

Prices firmed early Friday, following pre-holiday buying Wednesday. Feed ingredient markets remain lightly traded as the focus moves to the month of December.

Opening Prices:

Corn (December): $3.77
Soybeans (January): $10.42
Soybean Meal (December): $378.00
Live Cattle (December): $168.80
Feeder Cattle (January): $239.35
Lean Hogs (December): $90.95
Class III Milk (December): $21.89

Protein Markets (Soybean Meal):

Soybean meal prices surged to double-digit gains over the holidays, although moderate pressure is starting to develop in Friday morning's trade following the lack of support in soybean futures. Early cash prices increased $11 per cwt through the entire complex as traders ...

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