DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri May 2, 2014 01:05 PM CDT


CORN: -10 1/4 per bushel
SOYBEANS: +3 1/2 per bushel
SOYBEAN MEAL: +1.80 per ton
LIVE CATTLE: -$0.50 per cwt
DOW JONES: -31.27 Points
NASDAQ: +2.17 Points
CRUDE OIL: +$0.35 per barrel

Midday Market Update:

Block cheese price declined 3 cents to end the week at $2.07 per pound and barrels declined 4.5 cents to $2.05 1/2 per pound. Selling pressure has been a constant presence in cheese this week, and buyers have also been a willing participant as they acquire loads at lowest prices seen in months. Four loads of blocks were traded today and three ...

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