NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Apr 21, 2014 12:40 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 8 Lower
SOYBEANS: 23 Lower
SOYBEAN MEAL: $6.30 Lower
LIVE CATTLE: $1.40 Lower
DOW JONES: 30 Points Higher
NASDAQ: 16 Points Higher
CRUDE OIL: $0.12 Lower

Midday Market Update:

Cheese prices declined with sellers needing to move some product, but found little interest. Block price declined 3 cents to close at $2.25 with one load traded. Barrel price slipped 3/4 cents on an uncovered offer. The range at which buyers and sellers do business may be narrowing. Increasing cheese production as a result of increased milk production should increase supply to meet demand. Butter price held ...

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