DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Feb 13, 2014 12:34 PM CST


CORN: 1 Higher
SOYBEANS: 23 Higher
SOYBEAN MEAL: $10.20 Higher
LIVE CATTLE: $0.75 Higher
DOW JONES: 49 Points Higher
NASDAQ: 25 Points Higher
CRUDE OIL: $0.11 Higher

Midday Market Update:

Spot trading, the barometer for futures market activity, showed limited movement. Cheese prices remained steady keeping traders on the sideline for the most part. March milk futures show trading activity of over 200 contracts. All other contracts show less than 60 trades. This is a significant difference from the past couple weeks when volatility was high. Butter price increased 3 cents to end at $1.77 with two ...

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