DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jun 14, 2013 12:43 PM CDT


CORN: 7 Higher
SOYBEAN MEAL: $3.00 Lower
LIVE CATTLE: $0.50 Lower
DOW JONES: 120 Points Lower
NASDAQ: 22 Points Lower
CRUDE OIL: $1.15 Higher

Midday Market Update:

At least the weakness in blocks did not continue, but neither did buyers push prices higher. Both blocks and barrels remained unchanged at $1.72 1/4 and $1.77 1/4 respectively. Buyers and sellers were not interested in doing business ending the week with significantly less physical transactions than last week. An offer for two loads of blocks was posted above the market with buyers nowhere to be found. ...

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