NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Aug 19, 2013 01:15 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 15 Lower
SOYBEANS: 35 Higher
SOYBEAN MEAL: $9.00 Higher
LIVE CATTLE: $0.20 Lower
DOW JONES: 37 Points Lower
NASDAQ: 8 Points Higher
CRUDE OIL: $0.46 Lower

Midday Market Update:

Block cheese price declined 2 1/4 cents to close at $1.75 1/2. Barrel cheese price declined 3 cents to end at $1.73 1/2. There were no loads traded in either category. An offer for each was left at the end of the trading period, leaving traders scrambling to liquidate purchased positions, which pushed futures prices down quickly. Butter followed suit with price declining a penny to $1.36 ...

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