NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Nov 25, 2013 12:47 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 2 Higher
SOYBEANS: 8 Higher
SOYBEAN MEAL: $8.90 Higher
LIVE CATTLE: $0.22 Lower
DOW JONES: 26 Points Higher
NASDAQ: 10 Points Higher
CRUDE OIL: $0.71 Lower

Midday Market Update:

Cheese prices diverged with blocks increasing 1 1/2 cents to $1.85 and barrels declining 3/4 cent to $1.74 3/4. This price divergence basically neutralized price, but traders decided to focus on stronger block price. December through April Class III contracts post double-digit gains with January showing the greatest strength and December the largest trading interest. Blocks are regaining some of the loss seen during the first week ...

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