NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 18, 2014 12:28 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 4 Higher
SOYBEANS: 7 Higher
SOYBEAN MEAL: $0.70 Higher
LIVE CATTLE: $0.65 Lower
DOW JONES: 12 Points Lower
NASDAQ: 3 Points Lower
CRUDE OIL: $0.24 Lower

Midday Market Update:

Class III futures whipsawed during and shortly after spot trading as traders adjusted positions. Blocks initially traded a penny higher before sellers had to lower price in order to stimulate buyer interest. Price settled at $2.03, down 2 cents with three loads traded. Barrels gained 1 1/2 cents to close slightly above $2.00 reaching $2.00 1/4 at the close of spot trading. One load was traded with ...

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