NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Mar 4, 2013 12:58 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 6 Lower
SOYBEANS: 14 Higher
SOYBEAN MEAL: $2.60 Higher
LIVE CATTLE: $0.50 Higher
DOW JONES: 8 Points Lower
NASDAQ: 2 Points Higher
CRUDE OIL: $0.98 Lower

Midday Market Update:

There was anticipation cheese prices would weaken further in the overnight and morning trade. Traders were not disappointed as block cheese price declined 2 1/2 cents to $1.55 with barrel price also down 2 1/2 cents to $1.53 1/2. Business was done with five loads of blocks and four loads of barrels changing hands. Bids for three loads of barrels and uncovered offers for a load of ...

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