DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 29, 2013 01:03 PM CDT


CORN: 4 Lower
SOYBEANS: 8 Higher
SOYBEAN MEAL: $7.30 Higher
LIVE CATTLE: $0.27 Higher
DOW JONES: 38 Points Higher
NASDAQ: 30 Points Higher
CRUDE OIL: $0.27 Lower

Midday Market Update:

Block cheese price declined 2 1/4 cents to end the spot trading period at $1.7275 with one load traded. An offer remained at the closing price. Barrel price increased 1 3/4 cents to close at $1.75 3/4 with one load traded and a bid setting the closing price. This puts a difference dynamic in the market with the block/barrels spread back to an inversion. It also triggered selling in Class ...

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