DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon May 20, 2013 12:36 PM CDT


CORN: 7 Lower
SOYBEANS: 3 Higher
SOYBEAN MEAL: $4.30 Higher
LIVE CATTLE: $1.02 Higher
DOW JONES: 13 Points Lower
NASDAQ: 5 Points Lower
CRUDE OIL: $0.72 Higher

Midday Market Update:

A bid and offer in blocks was posted on both sides of the market with no one coming together to do any business. Barrel price slipped 1/2 cent to $1.75 1/2 with 2 loads traded and an uncovered offer posted at the closing price. It seems the market is attempting to carve out a range again. Butter price declined 2 cents ending spot trading at $1.59 1/2 ...

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