NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 9, 2014 12:52 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 6 Lower
SOYBEANS: 1 Lower
SOYBEAN MEAL: $0.40 Lower
LIVE CATTLE: $2.15 Lower
DOW JONES: 49 Points Higher
NASDAQ: 21 Points Higher
CRUDE OIL: $1.20 Lower

Midday Market Update:

Block cheese price slipped 3/4 cent to $1.94 3/4 with nine loads traded. An unfilled bid was posted 1/2 cent lower at the close. There were five buyers and two sellers creating the activity. Barrel price remained steady at $1.94 1/2 with one load traded and an unfilled bid at the closing price. Cheese weakness was not viewed kindly by traders as selling pressure erupted mainly in ...

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