DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Dec 3, 2012 12:51 PM CST


CORN: 2 Lower
SOYBEANS: 8 Higher
SOYBEAN MEAL: $0.10 Higher
LIVE CATTLE: $0.50 Lower
DOW JONES: 29 Points Lower
NASDAQ: 1 Point Lower
CRUDE OIL: $0.14 Higher

Midday Market Update:

Traders watch for price movement in spot trading for market direction. Fundamentals continue to remain the same providing no means for excitement. Block cheese price remained steady with no one interested in doing any business. Barrel price declined a penny to $1.70 1/4 with one load traded. There were no bids or offers remaining at the close of trading. Butter price declined a penny to $1.59 with eight loads traded. ...

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