DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Feb 11, 2013 12:55 PM CST


CORN: 6 Lower
SOYBEANS: 21 Lower
SOYBEAN MEAL: $8.80 Lower
LIVE CATTLE: $0.32 Higher
DOW JONES: 34 Points Lower
NASDAQ: 7 Points Lower
CRUDE OIL: $0.95 Higher

Midday Market Update:

There was much anticipation of increasing cheese prices, especially in barrels during spot trading, but it did not come to fruition as no business was done so prices remained steady. An unfilled bid was posted for a load of barrels, but no sellers showed up. There was no business for blocks or butter either. Supply is sufficient for demand with most of the regular business being done ...

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