NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jan 14, 2014 12:23 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 4 Lower
SOYBEANS: 17 Higher
SOYBEAN MEAL: $9.80 Higher
LIVE CATTLE: $1.07 Higher
DOW JONES: 86 Points Higher
NASDAQ: 60 Points Higher
CRUDE OIL: $0.87 Higher

Midday Market Update:

Block price remained unchanged with no buyers or sellers showing up. Barrels were a different story with initial price weakness leading many to feel further selling would follow. Buyers did step in, taking advantage of the lower price, resulting in price closing 1/4 cent higher at $2.16 1/4 with three loads traded and an unfilled bid at the closing price. Butter price increased 4 cents to close ...

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