DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Oct 7, 2013 12:55 PM CDT


CORN: 4 Higher
SOYBEAN MEAL: $1.10 Higher
LIVE CATTLE: $0.25 Lower
DOW JONES: 88 Points Lower
NASDAQ: 24 Points Lower
CRUDE OIL: $0.76 Lower

Midday Market Update:

Block cheese traded 1/2 cent lower to end at $1.76 with limited activity. Barrel price declined 2 3/4 cents to $1.72 1/4 with four loads traded. This weakness resulted in Class III futures prices erupted with selling primarily in the 2013 contracts. November is down 18 cents with December down 17 cents. Contracts in 2014 were mixed ranging from 6 cents lower to 4 cents higher. Trading ...

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