NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Feb 11, 2014 01:01 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 1 Lower
SOYBEANS: 8 Higher
SOYBEAN MEAL: $6.10 Higher
LIVE CATTLE: $1.17 Higher
DOW JONES: 195 Points Higher
NASDAQ: 41 Points Higher
CRUDE OIL: $0.01 Higher

Midday Market Update:

Block cheese price declined 2 1/2 cents to close at $2.10 1/2 with 12 loads traded. There were unfilled bids for four loads at 1/4 cent below the market with no further offers. Barrel price increased 3 cents to $2.18 with two loads traded and no remaining bids or offers. With the underlying class price calculation weighted more heavily toward barrels, it was enough to trigger short-covering ...

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