NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 11, 2014 01:02 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 4 Lower
SOYBEANS: 8 Lower
SOYBEAN MEAL: $1.10 Higher
LIVE CATTLE: $0.27 Lower
DOW JONES: 99 Points Lower
NASDAQ: 5 Points Lower
CRUDE OIL: $0.06 Higher

Midday Market Update:

No one was interested in making the first move once spot block trading began. Buyers and sellers waited for each other to tip their hand. However, once tipped, sellers became more aggressive. Block price declined 3 cents to close at $2.03 with 3 loads traded. Barrel price declined 1 1/4 cents to $1.95 3/4 with 3 loads traded. The idea that greater support had been developing was ...

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