DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jun 18, 2013 12:40 PM CDT


CORN: 3 Higher
SOYBEANS: 6 Higher
SOYBEAN MEAL: $6.10 Higher
LIVE CATTLE: $0.35 Lower
DOW JONES: 126 Points Higher
NASDAQ: 29 Points Higher
CRUDE OIL: $0.47 Higher

Midday Market Update:

There was very little activity during spot trade for cheese, but both blocks and barrels moved, resulting in the spread narrowing. There was only one load of blocks traded at $1.72 1/2, up one cent from Monday. Barrel price declined 1 1/4 cents to close at $1.76 with no business being done. One uncovered offer of a load of blocks and one of barrels remained at the close. ...

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