NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue May 21, 2013 01:04 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 12 Lower
SOYBEANS: 10 Higher
SOYBEAN MEAL: $1.30 Higher
LIVE CATTLE: $1.02 Higher
DOW JONES: 76 Points Higher
NASDAQ: 12 Points Higher
CRUDE OIL: $0.66 Lower

Midday Market Update:

Block cheese price declined a penny to $1.76. One seller was determined to get rid of cheese offering eight loads with buyers ready to take them, but at a lower price. One uncovered offer remained. There were three loads of barrels traded with price declining 2 1/2 cents to $1.73. This weakness put pressure on Class III futures with contracts lower. September continues to hang just above ...

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