DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 16, 2013 12:50 PM CDT


CORN: 8 Lower
SOYBEANS: 1 Higher
SOYBEAN MEAL: $0.30 Lower
LIVE CATTLE: $0.17 Higher
DOW JONES: 42 Points Lower
NASDAQ: 1 Points Lower
CRUDE OIL: $0.42 Lower

Midday Market Update:

Block cheese price increased 3/4 cents to close at $1.77 3/4 with five loads traded and the only activity all week. One buyer picked up all of the loads with two sellers filling the demand. There was an uncovered offer remaining at the close of spot trading. Barrel price remained steady at $1.76 1/2 with only a bid posted at that price. Butter continued to weaken with ...

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