DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Oct 11, 2013 12:46 PM CDT


CORN: 5 Lower
SOYBEANS: 21 Lower
SOYBEAN MEAL: $2.90 Lower
LIVE CATTLE: $0.47 Higher
DOW JONES: 91 Points Higher
NASDAQ: 28 Points Higher
CRUDE OIL: $1.66 Lower

Midday Market Update:

Block cheese price increased 1 3/4 to $1.80 pushed up on a bid. No one was interested in selling. Barrel price increased 1 1/4 cents to close at $1.76 1/2 with three loads traded. Cheese prices have been up at these levels not too long ago, before turning lower. Traders are buying into futures as they attempt to keep closer months relative to the underlying cash. Caution ...

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