DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 26, 2013 12:52 PM CDT


CORN: 6 Higher
SOYBEANS: 5 Higher
SOYBEAN MEAL: $0.60 Higher
LIVE CATTLE: $0.20 Higher
DOW JONES: 145 Points Higher
NASDAQ: 30 Points Higher
CRUDE OIL: $0.22 Lower

Midday Market Update:

Cheese prices just have not yet found a bottom. Block price declined a penny to $1.67 3/4 with three loads traded. There were two sellers and two buyers doing business. An uncovered offer remained at the close of spot trading. Barrel price declined 1 3/4 cents to close at $1.64 with no trades and the lower price set by an offer to sell a load. The block/barrel ...

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