DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jan 2, 2014 12:26 PM CST


CORN: 1 Lower
SOYBEANS: 29 Lower
SOYBEAN MEAL: $15.10 Lower
LIVE CATTLE: $0.82 Higher
DOW JONES: 130 Points Lower
NASDAQ: 36 Points Lower
CRUDE OIL: $2.05 Lower

Midday Market Update:

It was a slow start to the new year, but trading in milk futures got a little crazy as spot trading began. A bid was posted for a load of blocks at unchanged, which brought buying into Class III futures. The bid was raised finally settling 1 1/2 cents higher at $2.01 1/2 by the end of spot trading. Barrels were bid unchanged and remained there allowing ...

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