NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Dec 7, 2012 12:48 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 5 Lower
SOYBEANS: 1 Higher
SOYBEAN MEAL: $0.90 Higher
LIVE CATTLE: $0.22 Higher
DOW JONES: 16 Points Higher
NASDAQ: 7 Points Lower
CRUDE OIL: $0.38 Lower

Midday Market Update:

Apparently, cheese prices are not yet done declining. Block price remained steady at $1.68 1/2 with only an uncovered offer showing up. Barrel price fell 4 cents to $1.60 with four loads traded and an unfilled bid another 3/4 cents lower. It is surprising barrels are as weak as they are due to earlier tightness of the product. Holiday orders are filled and sellers need to move ...

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