DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jan 24, 2013 12:46 PM CST


CORN: 1 Higher
SOYBEANS: 14 Lower
SOYBEAN MEAL: $6.90 Lower
LIVE CATTLE: $0.15 Lower
DOW JONES: 41 Points Higher
NASDAQ: 19 Points Higher
CRUDE OIL: $1.04 Higher

Midday Market Update:

Traders were not sure what to do overnight and this morning as the reports of the past two days were bearish. Buyers of cheese have been rewarded as patience has resulted in better buying opportunities. Block price declined 1 1/2 cents today, ending at $1.64 1/2 with one load traded. There was an unfilled bid posted at $1.64 with no sellers interested in meeting that price. Barrel ...

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