DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jul 8, 2014 12:25 PM CDT


CORN: Unchanged
SOYBEANS: 30 Lower
SOYBEAN MEAL: $5.20 Lower
LIVE CATTLE: $1.67 Lower
DOW JONES: 119 Points Lower
NASDAQ: 64 Points Lower
CRUDE OIL: $0.39 Lower

Midday Market Update:

Sellers had to lower the price for barrels in order to find willing buyers. This is a change from where it had been the past few days. Barrel price moved below blocks where it had not been since June 27. During spot trading, barrel price declined 4 cents to close at $1.94 1/2. Blocks initially traded 1/2 cent lower, but managed to end the trading period at $1.95 ...

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