DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Oct 16, 2013 12:37 PM CDT


CORN: 1 Lower
SOYBEANS: 9 Higher
SOYBEAN MEAL: $0.20 Higher
LIVE CATTLE: $0.42 Higher
DOW JONES: 182 Points Higher
NASDAQ: 42 Points Higher
CRUDE OIL: $1.32 Higher

Midday Market Update:

There was no trading activity in any of the spot market categories, however there was price movement. Block price increased a penny to close at $1.83 1/2. There were two buyers looking for a load of cheese. Barrel price declined 1/4 cent to close at $1.77 3/4. Butter price declined 3/4 cent to $1.52 with three different firms each offering a load. Despite the weakness in barrels ...

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