NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed May 22, 2013 12:18 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 14 Higher
SOYBEANS: 1 Higher
SOYBEAN MEAL: $2.00 Lower
LIVE CATTLE: $0.72 Lower
DOW JONES: 91 Points Higher
NASDAQ: 9 Points Higher
CRUDE OIL: $1.47 Lower

Midday Market Update:

Both blocks and barrels remained steady with no business being done. No one came to the market to do any business. This is unusual due to steady activity over the past weeks. This supports the idea that prices may remain in a sideways trading pattern for a while. Butter price fell 3 cents to $1.56 1/2 as selling interest overwhelmed buyer interest. There were six loads traded ...

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