NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Feb 25, 2013 12:38 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 4 Higher
SOYBEANS: 19 Lower
SOYBEAN MEAL: $4.60 Lower
LIVE CATTLE: $1.90 Lower
DOW JONES: 46 Points Lower
NASDAQ: 2 Points Lower
CRUDE OIL: $0.03 Higher

Midday Market Update:

Block cheese declined 2 cents to $1.60 3/4 with no loads traded and an offer for one load setting the closing price. Barrel price declined 3 cents to close at $1.60 with two loads traded. There was an unfilled bid posted at $1.59 possibly providing some price support. After a day of spread inversion, blocks are again above barrels. Butter followed suit with a loss of 2 ...

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