NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Feb 5, 2014 12:51 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 2 Higher
SOYBEANS: 3 Higher
SOYBEAN MEAL: $5.80 Lower
LIVE CATTLE: $0.15 Higher
DOW JONES: 12 Points Higher
NASDAQ: 8 Points Lower
CRUDE OIL: $0.17 Higher

Midday Market Update:

Block price declined 3 1/2 cents to close at $2.32 1/2 with one load traded. There was a bid posted 2 1/2 cents lower with an offer setting the closing price. This is the first block price decline since December 5. Prior to that date, blocks declined just twice in November and only once in October. It has been a very strong market. Barrels remained unchanged at $2.32 with no ...

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