DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Nov 14, 2013 12:40 PM CST


CORN: 3 Lower
SOYBEANS: 4 Higher
SOYBEAN MEAL: $0.50 Lower
LIVE CATTLE: $0.15 Higher
DOW JONES: 44 Points Higher
NASDAQ: Steady
CRUDE OIL: $0.21 Higher

Midday Market Update:

Block cheese price increased 1 1/4 cents to close spot trading at $1.81 1/2 with four loads traded. Barrel price remained steady at $1.76 after first trading lower. There were four loads of barrels traded. Futures trading activity was undefined during spot cheese as early price weakness in barrels and an increasing block price kept traders guessing. However, greater support was generated by the butter price increasing 4 1/2 ...

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