DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jan 11, 2013 01:08 PM CST


CORN: 16 Higher
SOYBEANS: 2 Higher
SOYBEAN MEAL: $8.10 Lower
LIVE CATTLE: $1.02 Lower
DOW JONES: 4 Points Lower
NASDAQ: 1 Points Lower
CRUDE OIL: $0.50 Lower

Midday Market Update:

Block price remained unchanged with no trades. Barrel price declining 1/4 cent to $1.67 1/4 did not sit well with traders. There were no loads traded with an offer pushing price lower. Butter uncovered some buyer support with price increasing 3/4 cent to $1.45 1/2. For the week, there was one load of blocks, 13 loads of barrels, and six loads of butter changing hands. Grade A ...

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