DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Oct 9, 2013 01:01 PM CDT


CORN: 2 Higher
SOYBEANS: 1 Higher
SOYBEAN MEAL: $2.80 Higher
LIVE CATTLE: $0.17 Lower
DOW JONES: 52 Points Higher
NASDAQ: 10 Points Lower
CRUDE OIL: $1.83 Lower

Midday Market Update:

Block cheese price increased 1 1/4 cents to close at $1.77 1/4 with seven loads traded. Barrel price increased 1 3/4 cents to $1.74 with seven loads traded. This was a bit surprising given the recent trading pattern cheese has established. This is good, as it reflects demand and the desire to obtain more product. Retail demand is good and orders need to be filled. Butter is ...

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