DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Nov 7, 2013 12:43 PM CST


CORN: 1 Lower
SOYBEANS: 15 Higher
SOYBEAN MEAL: $4.80 Higher
LIVE CATTLE: $0.37 Lower
DOW JONES: 87 Points Lower
NASDAQ: 52 Points Lower
CRUDE OIL: $0.45 Lower

Midday Market Update:

No one was interested in doing any business in block cheese. Price remained steady. Barrel price declined 1/4 cent to close at $1.79 1/2 with an offer setting the closing price. The weakness in barrels compared to the inactivity in blocks leaves most confused. Class III futures seems to give the impression traders lean more heavily to the idea that barrel price will come back up rather ...

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