NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Mar 27, 2013 12:21 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 5 Higher
SOYBEANS: 7 Higher
SOYBEAN MEAL: $3.40 Higher
LIVE CATTLE: $1.00 Higher
DOW JONES: 51 Points Lower
NASDAQ: 8 Points Lower
CRUDE OIL: $0.21 Lower

Midday Market Update:

Both blocks and barrels declined with very limited trading activity. Block price slipped 1/4 cents to $1.69 1/4 with one load traded. There was an offer remaining at $1.70. Barrels declined 3/4 cent to end at $1.59 3/4 also with one load traded and no offers remaining. This weakness should have caused Class III futures to fall, keeping the downward trend intact, but the opposite is true. ...

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