NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jan 17, 2013 01:05 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 3 Lower
SOYBEANS: 8 Lower
SOYBEAN MEAL: $6.90 Lower
LIVE CATTLE: $1.90 Lower
DOW JONES: 100 Points Higher
NASDAQ: 21 Points Higher
CRUDE OIL: $1.39 Higher

Midday Market Update:

Block price declined a penny early during spot trading, but a buyer came in for a load bringing the price back to unchanged. This kept traders cautious as it indicated a willingness to sell product at current price levels. No one is holding back in anticipation of prices improving in the near-term. Blocks closed spot trading unchanged with three loads traded. Barrel prices fell 1 1/2 cents ...

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