DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 23, 2014 12:48 PM CDT


CORN: 3 Higher
SOYBEANS: 6 Higher
SOYBEAN MEAL: $1.70 Higher
LIVE CATTLE: $1.40 Lower
DOW JONES: 123 Points Higher
NASDAQ: 30 Points Higher
CRUDE OIL: $0.21 Lower

Midday Market Update:

Buyers of blocks were more aggressive today, purchasing three loads, but having to bid up a penny to $2.04 in order to accomplish it. Barrel price weakness was a bit of a surprise given the state of the market being one of tighter supply. Price declined 3 3/4 cents to $2.03 1/4 with six loads traded and an unfilled posted below the closing price. The decline ...

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