DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Feb 1, 2013 12:57 PM CST


CORN: 3 Lower
SOYBEANS: 5 Higher
SOYBEAN MEAL: $0.10 Higher
LIVE CATTLE: $0.22 Lower
DOW JONES: 147 Points Higher
NASDAQ: 40 Points Higher
CRUDE OIL: $0.11 Higher

Midday Market Update:

Follow-through buying carried through from the overnight with some anticipation barrel price would improve. This idea was rewarded with price increasing a penny to $1.54 1/4 with two loads traded. Block price remained steady at $1.64 1/2 with no loads traded. Buyers in barrels are becoming more aggressive with two unfilled bids remaining at the close of trading. Butter price remained steady at $1.55 1/2 with no ...

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