NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu May 22, 2014 12:41 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 1 Higher
SOYBEANS: 12 Higher
SOYBEAN MEAL: $2.60 Higher
LIVE CATTLE: $0.70 Lower
DOW JONES: 12 Points Higher
NASDAQ: 23 Points Higher
CRUDE OIL: $0.20 Lower

Midday Market Update:

Block cheese price jumped 6 cents to $2.02 with 4 loads traded. Barrel price followed suit, gaining 6 cents to close at $2.02 on two loads traded. An unfilled bid remained at the close in each category. This surprised the trade, triggering significant short-covering. June showed the greatest gain, pushing prices as much as 69 cents higher. July followed closely, reaching 67 cents higher. All contracts through ...

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