NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jun 17, 2013 12:36 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 11 Higher
SOYBEANS: 1 Lower
SOYBEAN MEAL: $1.00 Higher
LIVE CATTLE: $0.57 Higher
DOW JONES: 174 Points Higher
NASDAQ: 42 Points Higher
CRUDE OIL: $0.02 Higher

Midday Market Update:

Block cheese price slipped with price declining 3/4 cent to end spot trading at $1.71 1/2. There were no trades and an uncovered offer setting the lower price. Barrel price remained unchanged with no interest coming from either buyers or sellers. This gives traders little market direction. Most of the activity is confined to day trading in the attempt to take a little bit of profit out ...

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