NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Nov 13, 2013 12:37 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: unchanged
SOYBEANS: 12 Lower
SOYBEAN MEAL: $8.60 Lower
LIVE CATTLE: $0.30 Lower
DOW JONES: 31 Points Higher
NASDAQ: 12 Points Lower
CRUDE OIL: $1.55 Lower

Midday Market Update:

Block cheese prices remained steady at $1.80 1/4 with just one load traded and no bids or offers left at the close. Barrel price declined a penny to $1.76 pushed lower on an offer. The current weakness in cheese appears to be calculated with lower prices bringing in regular buying interest. It does not seem buyers feel it necessary to aggressively come into the market and bid up ...

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