NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Sep 23, 2013 01:02 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 1 Higher
SOYBEANS: 5 Lower
SOYBEAN MEAL: $1.10 Lower
LIVE CATTLE: $0.75 Higher
DOW JONES: 39 Points Lower
NASDAQ: 11 Points Lower
CRUDE OIL: $1.30 Lower

Midday Market Update:

Block cheese price declined as an uncovered offer pushed price down 1 1/4 cents to end at $1.78 1/4. Barrel price fell 2 1/4 cents to close at $1.74 1/2 with 3 loads traded. There were no bids or offers left on the board at the close. Traders sold more aggressively into nearby futures months in an attempt to liquidate positions. Lighter trade magnifies the movement, but nevertheless reflects the ...

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