DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Mar 14, 2014 01:09 PM CDT


CORN: 4 Lower
SOYBEANS: 16 Lower
SOYBEAN MEAL: $2.30 Lower
LIVE CATTLE: $1.52 Higher
DOW JONES: 8 Points Higher
NASDAQ: 2 Points Higher
CRUDE OIL: $0.48 Higher

Midday Market Update:

Block cheese price increased 1 1/4 cents to close at a new record high price of $2.36 1/4 with no loads traded. Barrel price decreased 1 1/4 cents to close at $2.26 1/4 with no loads traded. Again, the movement of barrels is of no consequence. Traders continue to focus on blocks. Barrel price weakness has been short-lived in the past and the idea is that this ...

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