NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jan 27, 2014 12:17 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 2 Higher
SOYBEANS: 3 Lower
SOYBEAN MEAL: $1.70 Higher
LIVE CATTLE: $0.27 Lower
DOW JONES: 51 Points Lower
NASDAQ: 60 Points Higher
CRUDE OIL: $1.34 Lower

Midday Market Update:

A bid was posted for a load of blocks with no loads traded and price remaining at $2.31. Barrel cheese remained unchanged with no bids or offers posted. Unchanged cheese prices quickly turned Class III futures higher with gains posted of as much as 33 cents in March. Steady cheese prices will require the February and March contracts to increase as they converge to cash. Butter price ...

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