DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Mar 25, 2014 12:33 PM CDT


CORN: 4 Lower
SOYBEANS: 6 Higher
SOYBEAN MEAL: $2.80 Higher
LIVE CATTLE: $0.55 Lower
DOW JONES: 76 Points Higher
NASDAQ: 1 Points Lower
CRUDE OIL: $0.03 Higher

Midday Market Update:

Class III futures were lower, moving into spot trading and extended losses once barrel price weakened. The last few times blocks held steady while barrels weakened, futures held. Traders focused on blocks and discounted the weakness in barrels. Barrel weakness was only temporary with price moving back up after a brief few days of decline. However, this is not the case today. Barrel price declined 1 3/4 ...

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