DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon May 5, 2014 12:32 PM CDT


CORN: 8 Higher
SOYBEAN MEAL: $2.00 Lower
LIVE CATTLE: $0.25 Lower
DOW JONES: 12 Points Lower
NASDAQ: 3 Points Higher
CRUDE OIL: $0.65 Lower

Midday Market Update:

Both blocks and barrels were void of any interest in doing business during spot trading. This left price unchanged at $2.07 and $2.05 1/2 respectively. As a result of no real price direction, milk futures are mixed, ranging from 14 cents lower to 9 cents higher. Trading volume is very light with only the June contract posting more than 100 trades. Butter continued price strength with another ...

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