NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jun 10, 2014 12:06 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 5 Lower
SOYBEANS: 10 Higher
SOYBEAN MEAL: $5.20 Higher
LIVE CATTLE: $0.67 Higher
DOW JONES: 13 Points Lower
NASDAQ: 10 Points Lower
CRUDE OIL: $0.31 Lower

Midday Market Update:

Any expectation for higher cheese prices was dashed as block price remained unchanged at $2.06 while barrel price slipped 1/4 cent lower to $1.97. Blocks traded a penny higher before sellers pushed price back down. There were two loads traded with am unfilled bid posted at $2.05. Barrel price declined on an offer to sell a load. There is little to be said about market fundamentals as ...

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