NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Oct 21, 2013 12:59 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 2 Higher
SOYBEANS: 8 Higher
SOYBEAN MEAL: $3.30 Higher
LIVE CATTLE: $0.12 Lower
DOW JONES: 6 Points Lower
NASDAQ: 9 Points Higher
CRUDE OIL: $1.57 Lower

Midday Market Update:

Block cheese price remained steady at $1.85 3/4 with no buyers or sellers showing up to do any business. Barrel price declined 1/4 cent to $1.76 on an offer with no buyer interest. Traders continue to wonder which category will win out. Will barrels be an anchor on blocks or will block be able to pull barrels back up again? The divergence in prices will not last for very ...

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