DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jul 29, 2014 12:43 PM CDT


CORN: 7 Lower
SOYBEANS: 11 Lower
SOYBEAN MEAL: $5.90 Lower
LIVE CATTLE: $0.02 Higher
DOW JONES: 20 Points Higher
NASDAQ: 13 Points Higher
CRUDE OIL: $1.01 Lower

Midday Market Update:

Block cheese price gained 3/4 cents to close spot trading at $1.98 with price pushed up on a bid. Barrel price remained steady at $1.94 3/4. There were no loads traded in either category. Block price creeping back up is giving confidence to traders that weakness is again behind with cheese prices likely moving back above $2.00 soon. The market seems to be settling into the ...

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