DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 8, 2014 12:48 PM CDT


CORN: 7 Lower
SOYBEANS: 17 Higher
SOYBEAN MEAL: $5.10 Higher
LIVE CATTLE: $3.00 Lower
DOW JONES: 152 Points Higher
NASDAQ: 22 Points Higher
CRUDE OIL: $0.27 Higher

Midday Market Update:

No one was interested in doing any business in blocks today, leaving price unchanged at $2.10. Barrel price also remained steady with an unfilled bid posted at $2.12 1/4 and no sellers showing up. The first four days of the week showed steady price increases. This action has raised the caution of traders with some liquidating positions in the event prices begin to decline again. Butter ...

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