NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jul 15, 2014 12:39 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 6 Lower
SOYBEANS: 13 Lower
SOYBEAN MEAL: $6.50 Lower
LIVE CATTLE: $0.62 Higher
DOW JONES: 1 Points Higher
NASDAQ: 30 Points Lower
CRUDE OIL: $1.12 Lower

Midday Market Update:

Block cheese price increased 1/4 cent putting price right at $2 with just one load traded. Barrel price increased 2 3/4 cents to $2.03 1/4 with an unfilled bid setting the price. Prices moving back to this level were not considered as a potential, but nevertheless, prices are here. Despite the strength, traders are not convinced it will hold. The pattern has been established that a ...

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