NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jul 14, 2014 12:57 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 6 Higher
SOYBEAN MEAL: $1.70 Higher
LIVE CATTLE: $1.40 Lower
DOW JONES: 123 Points Higher
NASDAQ: 30 Points Higher
CRUDE OIL: $0.21 Lower

Midday Market Update:

Block cheese price increased 2 3/4 cents to $1.99 3/4 with 10 loads traded. Barrels increased 1 3/4 cents to close at $2.00 1/4 with five loads traded. Prices were not anticipated to rebound to this level, but buyer interest was strong and orders needed to be filled. On the other hand, sellers offered loads to meet bids and satisfy buyers. There was only one unfilled ...

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