NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Feb 28, 2013 01:00 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 10 Higher
SOYBEANS: 25 Higher
SOYBEAN MEAL: $8.80 Higher
LIVE CATTLE: $0.02 Lower
DOW JONES: 48 Points Higher
NASDAQ: 16 Points Higher
CRUDE OIL: $0.34 Lower

Midday Market Update:

Follow-through buying was evident as short-covering continued from Wednesday. There was some idea cheese prices could be supported, indicating another bottom was being established. Both block and barrel prices declined a penny to end spot trading at $1.59 1/2 and $1.57 respectively. There were 3 loads of blocks and 2 loads of barrels traded with a bid and offer for a load of barrels a penny apart with no interest in ...

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