NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed May 8, 2013 12:45 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 2 Lower
SOYBEANS: 11 Higher
SOYBEAN MEAL: $7.00 Higher
LIVE CATTLE: $0.40 Lower
DOW JONES: 19 Points Higher
NASDAQ: 15 Points Higher
CRUDE OIL: $0.55 Higher

Midday Market Update:

Block cheese price closed steady after first increasing 1/2 cent. Aggressive buyer interest was quickly met and once met, the price fell back. There were three loads traded with price ending at $1.88 1/2. Barrels could not muster enough buying interest to move price with no loads traded. The spread has come closer, but does not seem to have enough industry desire to narrow the gap. Barrels ...

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