DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jul 26, 2013 01:04 PM CDT


CORN: 2 Lower
SOYBEANS: 3 Higher
SOYBEAN MEAL: $7.80 Higher
LIVE CATTLE: $18.70 Lower
DOW JONES: 51 Points Lower
NASDAQ: 1 Points Lower
CRUDE OIL: $0.96 Lower

Midday Market Update:

Block cheese prices declined 2 cents to $1.76 1/4 with one load traded and an offer to sell a load at the closing price. There were four loads of barrels traded with price remaining unchanged at $1.76. This puts the spread 1/4 cent apart. Traders took this decline in block prices to heart with heavy selling pressure erupting in Class III futures. January through May futures fell ...

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