NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jun 17, 2014 12:35 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 2 Lower
SOYBEANS: 24 Lower
SOYBEAN MEAL: $10.30 Lower
LIVE CATTLE: $0.70 Lower
DOW JONES: 10 Points Higher
NASDAQ: 19 Points Higher
CRUDE OIL: $0.40 Lower

Midday Market Update:

Block cheese price increased 3 cents to close at $2.05 with three loads traded. Barrel cheese price increased 2 3/4 cents to close at $1.98 3/4 with four loads traded. The ability of cheese prices to hold at these levels gives confidence to traders to buy into futures as support seems to be solid. There have been reports of slowing demand both domestically and internationally, but that ...

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