DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Nov 22, 2013 12:54 PM CST


CORN: 1 Lower
SOYBEANS: 22 Higher
SOYBEAN MEAL: $13.00 Higher
LIVE CATTLE: $0.35 Lower
DOW JONES: 9 Points Higher
NASDAQ: 15 Points Higher
CRUDE OIL: $0.36 Lower

Midday Market Update:

Block cheese price increased 1 1/2 cents from yesterday to reach $1.83 1/2 on an unfilled bid. Barrel price declined 1/2 cent to $1.77 1/2 with two loads traded and an offer remaining at the closing price. This divergence is keeping Class III futures mixed. Traders are keeping contract as close as possible to the underlying cash. Butter price increased 2 cents to close at $1.68 with ...

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