DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon May 12, 2014 01:41 PM CDT


CORN: 8 Lower
SOYBEANS: 17 Lower
SOYBEAN MEAL: $8.00 Lower
LIVE CATTLE: $0.40 Lower
DOW JONES: 111 Points Higher
NASDAQ: 65 Points Lower
CRUDE OIL: $0.45 Higher

Midday Market Update:

Spot markets were anticipated to trigger price direction, but traders were left just as confused as they were at the end of last week. There were was no interest in either blocks are barrels. Buyers and sellers seemed to be waiting to see who was going to blink first. Block price remained unchanged at $2.04 1/2 and barrels at $2.02. Butter followed suit with no trading ...

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