NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jan 18, 2013 01:35 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 4 Higher
SOYBEANS: 3 Lower
SOYBEAN MEAL: $0.90 Lower
LIVE CATTLE: $1.50 Lower
DOW JONES: 8 Points Higher
NASDAQ: 9 Points Lower
CRUDE OIL: $0.03 Lower

Midday Market Update:

Block cheese prices declined 1 1/4 cents to close at $1.68 3/4 with one load traded. Barrel prices also declined 1 1/4 cents to end at $1.63 3/4 with 8 loads traded. Buyers are interested in purchasing for orders as well as for inventory, but only on their terms, and at lower prices. Butter price increased 1/2 cent to end at $1.50 1/2 with no loads traded. ...

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