NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Apr 10, 2014 12:44 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 1 Lower
SOYBEANS: 14 Lower
SOYBEAN MEAL: $2.80 Lower
LIVE CATTLE: $0.32 Lower
DOW JONES: 194 Points Lower
NASDAQ: 112 Points Lower
CRUDE OIL: $0.27 Lower

Midday Market Update:

Class III futures were under pressure overnight and up to spot trading. Further weakness in block price did not help matters, but a steady barrel price did bring some strength to contracts for a brief period of time. However, that was short-lived with selling pressure dominating. Block cheese price declined 2 1/4 cents to $2.16 1/2 with one load traded and an uncovered offer setting the closing ...

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