DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu May 2, 2013 12:29 PM CDT


CORN: 14 Higher
SOYBEANS: 6 Higher
SOYBEAN MEAL: $1.60 Higher
LIVE CATTLE: $1.25 Higher
DOW JONES: 116 Points Higher
NASDAQ: 43 Points Higher
CRUDE OIL: $2.03 Higher

Midday Market Update:

Block cheese price increased 1/2 cent to $1.90 1/2 with no trades and an unfilled bid setting the price. Barrel price increased 3 cents to close at $1.70 with six loads traded. Two unfilled bids and an uncovered offer were left on both sides of the market. The bottom line is business continues to be done on a daily basis. Higher prices are holding indicating good demand. ...

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