NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jan 31, 2013 12:48 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:

Class III futures were slightly higher before spot trading on follow-through short covering. The increase in barrel prices triggered further buying interest and pushed most contracts double-digits higher. Barrel prices increased only 1/4 cent to $1.53 1/4, but that increase spoke volumes to traders. It is the first price increase for the year. This could mean barrel prices may move higher to close the widespread between it ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Closing Dairy Comments
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments