NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu May 9, 2013 12:38 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 20 Higher
SOYBEANS: 16 Higher
SOYBEAN MEAL: $11.60 Higher
LIVE CATTLE: $0.20 Higher
DOW JONES: 19 Points Higher
NASDAQ: 8 Points Higher
CRUDE OIL: $0.71 Lower

Midday Market Update:

Block cheese price declined 3/4 cent to end the trading session at $1.85 3/4 with three loads traded. Barrel price declined 1 1/4 cent ending at $1.72 1/4 with two loads traded. There were no unfilled bids or uncovered offers remaining at the end of trading. Buyer’s needs are being satisfied, eliminating the previous aggressive buying behavior. Butter continues to slip with price declining 1 1/4 cents ...

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