DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 7, 2014 12:46 PM CDT


CORN: 6 Lower
SOYBEANS: 5 Higher
SOYBEAN MEAL: $2.20 Higher
LIVE CATTLE: $3.00 Lower
DOW JONES: 23 Points Higher
NASDAQ: 8 Points Lower
CRUDE OIL: $0.24 Higher

Midday Market Update:

Block cheese price increased a penny to $2.10 with three loads traded. Barrel price increased 1 1/2 cents to $2.12 1/4 with one load traded. There were no bids or offers left in blocks with and unfilled bid for a load of barrels remaining below the closing price. This continues to support Class III milk futures in closer months as premium continues to be taken out ...

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