NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jan 3, 2014 12:42 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 1 Higher
SOYBEANS: 5 Lower
SOYBEAN MEAL: $1.80 Lower
LIVE CATTLE: $0.70 Higher
DOW JONES: 21 Points Higher
NASDAQ: 12 Points Lower
CRUDE OIL: $1.22 Lower

Midday Market Update:

Block cheese price increased 2 3/4 cents moving to $2.04 1/4 with no loads traded. Barrel cheese price increased 7 cents to close trading at $1.92 also with no loads traded. Butter price increased 3 cents to $1.57 and Grade nonfat dry milk increased 3/4 cent to $2.06 3/4 with no trades in either category. Increasing cash prices pushed milk futures significantly higher. January moved over $20.00 ...

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