DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 28, 2014 12:32 PM CDT


CORN: 3 Higher
SOYBEANS: 15 Higher
SOYBEAN MEAL: $11.00 Higher
LIVE CATTLE: $1.82 Higher
DOW JONES: 37 Points Lower
NASDAQ: 7 Points Lower
CRUDE OIL: $0.61 Higher

Midday Market Update:

Block cheese price increased 2 cents to close at $2.32 with six loads traded. Price initially moved up to $2.32 before selling brought it back down to $2.30 which was followed by a push back up by the close of spot trading. This market movement triggered selling in Class III futures pushing contracts as much as 30 cents lower. Prices have come back somewhat from those ...

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