DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Dec 5, 2012 01:31 PM CST


CORN: 5 Higher
SOYBEANS: 20 Higher
SOYBEAN MEAL: $4.40 Higher
LIVE CATTLE: $0.17 Lower
DOW JONES: 109 Points Higher
NASDAQ: 14 Points Lower
CRUDE OIL: $0.69 Lower

Midday Market Update:

Block cheese price remained steady at $1.76 while barrel price fell 2 1/4 cents to $1.68. The only activity showing was in barrels. There were three loads of barrels traded, setting the closing price with unfilled bids for two loads at a penny lower, but buying interest was not enough to provide support for Class III futures. There have been unfilled bids under the market before, but ...

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