NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Mar 6, 2013 01:04 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 20 Lower
SOYBEANS: 13 Lower
SOYBEAN MEAL: $0.60 Lower
LIVE CATTLE: $0.92 Lower
DOW JONES: 39 Points Higher
NASDAQ: 2 Points Lower
CRUDE OIL: $0.89 Lower

Midday Market Update:

Block cheese price increased 2 cents to close spot trading at $1.57 with five loads traded. There were seven loads bid at the closing price indicating some strong buyer interest. Barrel price gained 2 1/4 cents to $1.56 1/4 with one load traded and two loads bid at the closing price. The question is whether a bottom is being set. This is not being given a lot ...

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