NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Oct 2, 2013 02:25 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: Unchanged
SOYBEANS: 4 Higher
SOYBEAN MEAL: $6.80 Higher
LIVE CATTLE: $0.07 Lower
DOW JONES: 64 Points Lower
NASDAQ: 1 Points Higher
CRUDE OIL: $1.79 Higher

Midday Market Update:

Block cheese prices remained steady at $1.76 1/2 with three loads traded. Barrel price declined 3/4 cents to close at $1.70 3/4 with 3 loads traded. This weakness took higher Class III futures lower over a period of time. The decline was not immediate, but slowly weakened. A steady butter price did little to provide any support. Price remained at $1.61 with five loads traded. A price increase took ...

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