DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 12, 2013 12:39 PM CDT


CORN: 7 Lower
SOYBEANS: 12 Higher
SOYBEAN MEAL: $3.60 Higher
LIVE CATTLE: $0.15 Lower
DOW JONES: 50 Points Lower
NASDAQ: 16 Points Lower
CRUDE OIL: $0.73 Higher

Midday Market Update:

Sellers of cheese initially tested the waters by posting offers higher at the beginning of spot trading. These offers had to be reduced in order to find buyer interest resulting in blocks closing at $1.73 1/4, down 1 3/4 cents while barrels remained steady at $1.77 1/4. There were two loads of blocks traded with an uncovered offer in each remaining at the close of the trading ...

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