DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 17, 2013 12:47 PM CDT


CORN: 6 Lower
SOYBEANS: 1 Higher
SOYBEAN MEAL: $1.40 Higher
LIVE CATTLE: $0.42 Lower
DOW JONES: 1 Points Higher
NASDAQ: 10 Points Lower
CRUDE OIL: $0.20 Higher

Midday Market Update:

Cheese buyers came to the market to pick up supply, trading eight loads of blocks and nine loads of barrels. Block price increased 1 3/4 cents to $1.69 1/4 while barrel price increased 3 cents to $1.68. It appears barrels may want to move above blocks again exhibiting more demand. Stronger cheese prices did not turn milk futures higher as the jump Tuesday already had Wednesday's cash ...

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