NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Apr 30, 2014 12:39 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 4 Lower
SOYBEANS: 1 Higher
SOYBEAN MEAL: $1.30 Higher
LIVE CATTLE: $0.27 Higher
DOW JONES: 13 Points Higher
NASDAQ: 1 Points Lower
CRUDE OIL: $1.66 Lower

Midday Market Update:

Block cheese price declined 3 1/2 cents to $2.13 1/2 with 5 loads traded. An uncovered offer remained at the end of spot trading, indicating potential follow-through Thursday. Barrel price declined 4 cents to close at $2.13 with no loads traded and one offer setting the lower price. The market tone is weak with buyers willing to obtain what comes to the spot market, but see no need to ...

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