DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Apr 16, 2014 12:36 PM CDT


CORN: 7 Lower
SOYBEANS: 14 Higher
SOYBEAN MEAL: $7.80 Lower
LIVE CATTLE: $0.22 Higher
DOW JONES: 117 Points Higher
NASDAQ: 28 Points Higher
CRUDE OIL: $0.28 Lower

Midday Market Update:

Buyers showed more aggressiveness in spot cheese again Wednesday with an unfilled bid pushing block cheese price to $2.22 1/4, up 2 1/2 cents. Barrel price increased 2 cents to $2.18 3/4 on an unfilled bid. The pattern remains intact with buyers having held back, waiting for lower price in order to purchase supply. Now that buyer interest has improved, they are having difficultly finding excess cheese ...

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