NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon May 6, 2013 01:44 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 19 Lower
SOYBEANS: 11 Lower
SOYBEAN MEAL: $4.10 Lower
LIVE CATTLE: $0.62 Lower
DOW JONES: 11 Points Higher
NASDAQ: 17 Points Higher
CRUDE OIL: $0.49 Higher

Midday Market Update:

Cheese price continued to improve with both blocks and barrels increasing 1/2 cent. Block price moved to $1.91 1/2 on an unfilled bid. Barrel price increased to $1.73 1/2 with four loads traded. Buyers are still aggressive looking to procure more supply. Butter slipped 1/2 cent with four loads traded and price settling at $1.64 1/2. Class III futures are following the butter price with most contracts ...

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