NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Mar 12, 2014 12:28 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 5 Higher
SOYBEANS: 28 Lower
SOYBEAN MEAL: $8.30 Lower
LIVE CATTLE: $1.17 Lower
DOW JONES: 36 Points Lower
NASDAQ: 7 Points Higher
CRUDE OIL: $2.19 Lower

Midday Market Update:

Lofty cheese prices are increasing the concern of traders that a top may be near. This kept future prices lower Tuesday and is again putting pressure on futures contracts Wednesday despite block price increasing 1/2 cent. Block price closed at $2.32 1/2 pushed higher on a bid. Barrels remained unchanged at $2.28 1/2 with no bids of offers posted. Butter price remained steady at $1.88 1/2 with ...

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