NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri May 9, 2014 01:00 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 7 Lower
SOYBEANS: 25 Lower
SOYBEAN MEAL: $6.40 Higher
LIVE CATTLE: $0.27 Higher
DOW JONES: 6 Points Higher
NASDAQ: 8 Points Higher
CRUDE OIL: $0.17 Lower

Midday Market Update:

Class III futures were mixed overnight with generally lower prices posted prior to spot trading. Block price did not move remaining at $2.04 1/2 with two loads traded. There were two unfilled bids posted at $2.04, but no sellers willing to fill their orders. Barrel price declined 3 1/4 cents to $2.02 with five loads traded. This weakness triggered selling in futures hitting June and July contracts ...

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