NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Oct 8, 2013 12:41 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 7 Lower
SOYBEANS: 9 Lower
SOYBEAN MEAL: $5.30 Lower
LIVE CATTLE: $0.25 Higher
DOW JONES: 102 Points Lower
NASDAQ: 60 Points Lower
CRUDE OIL: $0.79 Higher

Midday Market Update:

Both block and barrel prices remained steady at $1.76 and $1.72 1/4 respectively. Neither buyers nor sellers needed to come aggressively to the market with an agenda. It is nearing the time of year during which a significant portion of purchasing is done for the upcoming holidays. Orders will always continue to come in with buyers having to come to the spot market, but increasing cheese production ...

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