NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Sep 18, 2013 12:46 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 1 Lower
SOYBEANS: 4 Higher
SOYBEAN MEAL: $1.10 Lower
LIVE CATTLE: $0.07 Lower
DOW JONES: 41 Points Lower
NASDAQ: 5 Points Lower
CRUDE OIL: $1.63 Higher

Midday Market Update:

Cheese prices remained unchanged with an unfilled bid posted in barrels at the steady price. This immediately resulted in short-covering and buying interest to develop in milk futures. Some felt the bottom could again be established, keeping price from declining further. Block price remained unchanged with an offer to sell a load at the steady price. Butter price increased a penny to $1.53 with four loads traded ...

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