NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 10, 2013 12:00 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 3 Higher
SOYBEANS: 1 Lower
SOYBEAN MEAL: $2.40 Higher
LIVE CATTLE: $0.52 Lower
DOW JONES: 28 Points Lower
NASDAQ: 5 Points Higher
CRUDE OIL: $2.40 Higher

Midday Market Update:

Block cheese regained most of what was lost Tuesday, increasing a penny to close at $1.67 1/4 with eight loads traded. Barrels gained 4 1/4 cents to close at $1.68 1/2 with six loads traded. The block/barrel spread has a difficult time remaining normal. An inverted spread seems to be more normal. Butter weakened with price declining 1 1/4 cents to $1.51 1/4 with four loads traded. ...

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