NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Aug 19, 2014 01:23 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 2 Higher
SOYBEANS: 5 Higher
SOYBEAN MEAL: $6.50 Higher
LIVE CATTLE: $1.15 Lower
DOW JONES: 75 Points Higher
NASDAQ: 15 Points Higher
CRUDE OIL: $1.70 Lower

Midday Market Update:

Block cheese price initially traded lower before buyers picked up what was offered and continued to bid higher. Price increased 2 1/2 cents to close at $2.21 with 4 loads traded, taking back much of what was lost Monday. An unfilled bid set the closing price. Barrel price remained steady at $2.21 with no interest from buyers or sellers. Butter price took back what was lost Monday, moving price ...

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