DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 22, 2013 01:03 PM CDT


CORN: 6 Lower
SOYBEAN MEAL: $2.40 Lower
LIVE CATTLE: $0.65 Lower
DOW JONES: 54 Points Higher
NASDAQ: 31 Points Higher
CRUDE OIL: $0.75 Higher

Midday Market Update:

Sellers continue to offer cheese to the spot market in the attempt to limit plant inventory. Blocks declined 2 1/4 cents to end trading at $1.64 3/4. Barrel price fell 1/4 cents to close at $1.63 3/4. There were no trades for either with offers setting the lower prices. A bid was posted for a load of barrels at $1.60 which could indicate where price is going. ...

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