NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 31, 2013 12:32 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 1 Higher
SOYBEANS: 14 Higher
SOYBEAN MEAL: $1.00 Higher
LIVE CATTLE: $0.12 Lower
DOW JONES: 15 Points Higher
NASDAQ: 11 Points Higher
CRUDE OIL: $1.62 Higher

Midday Market Update:

Block and barrel cheese prices remained steady with no trades taking place during spot trading. There was a load of barrels bid 1 1/2 cents below the market, but no sellers interested in moving any product. As a result, milk futures moved very little after spot trading. Trading activity is confined to scalping the market with little profits being taken if and when available. Butter price remained ...

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