DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jul 21, 2014 12:28 PM CDT


CORN: 7 Lower
SOYBEAN MEAL: $0.90 Higher
LIVE CATTLE: $1.32 Higher
DOW JONES: 58 Points Lower
NASDAQ: 15 Points Lower
CRUDE OIL: $0.88 Higher

Midday Market Update:

When spot trading opened, a bid for a load of barrels was immediately posted. The buyer was unwilling to bid higher while no one was interested in selling. Price remained unchanged at $2.07. An offer was posted for a load of blocks above the market with a bid at the market, but neither would come together to do any business, keeping price unchanged at $2.02 3/4. ...

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