DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 21, 2014 12:43 PM CDT


CORN: 3 Higher
SOYBEANS: 20 Higher
SOYBEAN MEAL: $8.80 Higher
LIVE CATTLE: $0.05 Lower
DOW JONES: 81 Points Higher
NASDAQ: 4 Points Higher
CRUDE OIL: $0.77 Higher

Midday Market Update:

A bid was posted for two loads of blocks at the steady price of $2.25 with buyers unwilling to bid higher. Barrel price increased 1/4 cent to $2.25 3/4 also on a bid with no interested sellers. Class III futures rose with steady-to-higher cheese prices giving the impression of continued strength. Butter was the star of the show Thursday with price jumping 6 cents to close ...

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