NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Feb 27, 2013 03:28 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 13 Higher
SOYBEAN MEAL: $3.50 Higher
LIVE CATTLE: $0.95 Higher
DOW JONES: 136 Points Higher
NASDAQ: 34 Points Higher
CRUDE OIL: $0.27 Higher

Midday Market Update:

Spot cheese trading was brief Wednesday with one bid each placed in blocks and barrels. Barrel prices remained unchanged while blocks increased 1/4 cent to $1.60 1/2. An unfilled bid for a load of blocks and a load of barrels was posted without any selling interest. Prices may have reached a level at which sellers are loath to unload product. More trading activity surfaced during butter trading ...

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