NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Oct 1, 2013 12:39 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 3 Lower
SOYBEANS: 16 Lower
SOYBEAN MEAL: $4.20 Lower
LIVE CATTLE: $0.67 Lower
DOW JONES: 59 Points Higher
NASDAQ: 38 Points Higher
CRUDE OIL: $1.09 Lower

Midday Market Update:

Both block and barrel prices remained steady. There was one load of blocks traded. Butter price remained unchanged with more activity. There were 14 loads traded during the spot period. Many are watching the extent of the impact the government shutdown will have on dairy industry pricing. Business will continue to be done, but some of it may be done somewhat blindly as weekly AMS product prices ...

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