NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Feb 18, 2014 12:48 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 24 Higher
SOYBEAN MEAL: $17.00 Lower
LIVE CATTLE: $7.60 Higher
DOW JONES: 13 Points Lower
NASDAQ: 29 Points Higher
CRUDE OIL: $1.49 Higher

Midday Market Update:

Milk futures were moderately higher prior to spot trading. Buyers stepping into the spot market and then raising bids caused futures to jump as much as 47 cents in the April contract. Block cheese price increased 1/4 cent to $2.10 3/4 with no activity. Barrel price increased 1/2 cent to $2.06 3/4 with 3 loads traded. This caused greater strength to surface in Class III futures as ...

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