DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Dec 6, 2012 12:18 PM CST


CORN: 8 Lower
SOYBEANS: 2 Higher
SOYBEAN MEAL: $3.30 Higher
LIVE CATTLE: $0.30 Lower
DOW JONES: 13 Points Lower
NASDAQ: 8 Points Higher
CRUDE OIL: $1.90 Lower

Midday Market Update:

All eyes were again on the spot markets to see whether price may be at a bottom. Block price held with no trading interest. Barrels remained weak with a loss of 2 cents to $1.66 with one load traded and an uncovered offer setting the closing price. Barrel weakness has traders very cautious as this may eventually pull blocks lower as it did last time. However, the ...

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