DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Dec 28, 2012 01:14 PM CST


CORN: 1 Higher
SOYBEANS: 4 Higher
SOYBEAN MEAL: $1.60 Lower
LIVE CATTLE: $0.40 Higher
DOW JONES: 80 Points Lower
NASDAQ: 9 Points Lower
CRUDE OIL: $0.19 Lower

Midday Market Update:

There is very little interest in doing business through the end of the year. Barrel buyers were aggressive on Thursday, but did not continue the aggressiveness Friday. Both blocks and barrels remained unchanged with no loads traded. The block/barrel spread is back to normal where the industry likes it. Butter price remained steady with no activity. For the week, blocks remained unchanged at $1.74 with no loads traded. Barrels ...

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