NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Feb 19, 2014 12:19 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 9 Lower
SOYBEAN MEAL: $4.00 Lower
LIVE CATTLE: $0.07 Higher
DOW JONES: 12 Points Lower
NASDAQ: 20 Points Lower
CRUDE OIL: $0.31 Higher

Midday Market Update:

There were no bids or offers posted for either blocks or barrels. Either buyers or sellers stood on the sidelines waiting to see who would come to the market first or there was just no business that needed to be done. This provided support to milk futures as contracts continue to carry a discount to the underlying cash. Butter followed the same pattern with only an offer ...

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