DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed May 1, 2013 01:02 PM CDT


CORN: 1 Lower
SOYBEANS: 26 Lower
SOYBEAN MEAL: $9.30 Lower
LIVE CATTLE: $1.12 Higher
DOW JONES: 96 Points Lower
NASDAQ: 24 Points Lower
CRUDE OIL: $2.54 Lower

Midday Market Update:

Block cheese price increased another 1 1/2 cents to close spot trading at $1.90 which is a new high for the move and the highest price since November 14. Barrel price increased a penny to close at $1.67 moving the spread to 23 cents. There was one load traded for each. Unfilled bids remained for blocks and barrels while an uncovered offer was posted for a load ...

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