NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Apr 29, 2013 12:46 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 36 Higher
SOYBEANS: 35 Higher
SOYBEAN MEAL: $12.00 Higher
LIVE CATTLE: $0.15 Higher
DOW JONES: 104 Points Higher
NASDAQ: 32 Points Higher
CRUDE OIL: $1.16 Higher

Midday Market Update:

Spot trading activity was a little slow to develop, but once business began to be done activity increased. Block cheese price increased 3/4 cent to close at $1.86 3/4 with five loads traded. Barrels declined 2 cents to close at $1.66 1/2 with six loads traded moving the spread to an unusually wide 20 cents. There were no bids or offers remaining for blocks with one unfilled ...

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