DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue May 7, 2013 12:49 PM CDT


CORN: 1 Higher
SOYBEANS: 16 Higher
SOYBEAN MEAL: $3.00 Higher
LIVE CATTLE: $0.30 Lower
DOW JONES: 69 Points Higher
NASDAQ: 2 Points Higher
CRUDE OIL: $0.70 Lower

Midday Market Update:

Block cheese price fell as aggressive buying interest dried up. This is what traders had anticipated would happen and the reason milk futures were declining even though cheese prices were increasing. Block price declined 5 cents to $1.86 1/2 with eight loads traded. There were no more offers remaining, but two unfilled bids were posted 1/2 cent lower. Barrel price remained unchanged at $1.73 1/2 with one ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments
USDA Extends Dairy Program Deadlines
DTN Closing Dairy Comments
DTN Opening Dairy Comments
DTN Closing Dairy Comments
DTN Opening Dairy Comments
Dairy Files for Bankruptcy
DTN Closing Dairy Comments