DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Mar 27, 2014 12:58 PM CDT


CORN: 7 Higher
SOYBEAN MEAL: $0.10 Higher
LIVE CATTLE: $0.50 Higher
DOW JONES: 11 Points Lower
NASDAQ: 14 Points Lower
CRUDE OIL: $1.24 Higher

Midday Market Update:

Block price declined 1 1/2 cents to close spot trading at $2.40 3/4 with one load traded. Barrel price declined a penny to $2.32 with two loads traded. An uncovered offer remained in each category at the closing price, suggesting further price weakness as sellers become more aggressive. Traders anticipated a potential price decline, but yet are not convinced price will decline very much. Previous dips in ...

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