NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 30, 2013 01:07 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 8 Lower
SOYBEANS: 6 Lower
SOYBEAN MEAL: $0.40 Lower
LIVE CATTLE: $0.27 Lower
DOW JONES: 36 Points Lower
NASDAQ: 27 Points Lower
CRUDE OIL: $1.07 Lower

Midday Market Update:

Block cheese price increased 5 1/2 cents to close at $1.78 1/4 with six loads traded. Barrels increased 1 1/4 cents to $1.77 with no loads traded. This sparked quite a bit of buying interest in Class III futures pushing October back above $18.00. Even though supply is readily available for demand, buyers intend to stock up before prices get too high. Butter price increased 1/4 cent ...

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