NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Dec 9, 2013 12:57 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 17 Higher
SOYBEAN MEAL: $11.00 Higher
LIVE CATTLE: Unchanged
DOW JONES: 30 Points Higher
NASDAQ: 8 Points Higher
CRUDE OIL: $0.16 Lower

Midday Market Update:

Block cheese price remained unchanged at $1.87 1/4 with two loads traded. Barrel price declined 5 3/4 cents to close at $1.77 1/2 with one load traded. There was a bid for blocks and an offer for barrels at the close of spot trading. The normal block/barrel price spread was short-lived and a concern for overall market strength. Some traders are in a trading pattern seen in early ...

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