NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Apr 1, 2014 12:44 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 7 Higher
SOYBEANS: 25 Higher
SOYBEAN MEAL: $3.60 Higher
LIVE CATTLE: $1.17 Lower
DOW JONES: 49 Points Higher
NASDAQ: 41 Points Higher
CRUDE OIL: $1.60 Lower

Midday Market Update:

Milk futures were lower in overnight and early morning trade, but that quickly turned as cheese prices remained unchanged. However, not so much that it was unchanged, but the fact a bid was posted for a load of blocks at the steady price, gave the impression blocks may have finished declining. Buyers may come back in to take advantage of the recent decline and purchase more aggressively. ...

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