NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu May 23, 2013 01:12 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 7 Higher
SOYBEANS: 33 Higher
SOYBEAN MEAL: $6.10 Higher
LIVE CATTLE: $0.45 Lower
DOW JONES: 27 Points Lower
NASDAQ: 10 Points Lower
CRUDE OIL: $1.06 Lower

Midday Market Update:

Block cheese prices slipped 1/4 cent to $1.75 3/4 with no trades. An uncovered offer pushed price down, which does not bode well for price. Butter price declined 1 1/2 cents to close at $1.55 with five loads traded. There were four loads bid at the closing price with an offer posted at $1.55 3/4 at the close of spot trading. This activity gave some support and ...

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