NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 2, 2014 01:03 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 5 Lower
SOYBEANS: 5 Lower
SOYBEAN MEAL: $5.20 Lower
LIVE CATTLE: $0.85 Higher
DOW JONES: 13 Points Higher
NASDAQ: 3 Points Higher
CRUDE OIL: $1.01 Lower

Midday Market Update:

Sellers of block cheese came out of the woodwork again Wednesday, offering 9 loads for sale with 8 of them finding buyers. Price declined 1 1/2 cents to settle at $1.97 1/4. Barrel price increased 1/4 cent to $1.98 1/2 with one load traded. There was an unfilled bid remaining 1/4 cent lower. Butter price is retracing quickly from the high set on Monday. Price declined 5 cents today ...

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