DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 19, 2013 12:54 PM CDT


CORN: 8 Higher
SOYBEANS: 5 Higher
SOYBEAN MEAL: $0.60 Lower
LIVE CATTLE: $0.95 Higher
DOW JONES: 23 Points Lower
NASDAQ: 8 Points Lower
CRUDE OIL: $0.15 Lower

Midday Market Update:

Block cheese price remained steady at $1.72 1/2 while barrels declined a penny to $1.75. There were no loads traded in each with uncovered offers the only interest shown during spot trading. It seems as if buyers needs have been filled for the time being. Sufficient supply keeps buyers from becoming aggressive. With immediate demand met and inventory on hand for later demand, the market is virtually ...

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