NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jan 23, 2014 12:34 PM CST

OUTSIDE MARKETS SUMMARY:

CORN: 4 Higher
SOYBEANS: 1 Higher
SOYBEAN MEAL: $1.10 Higher
LIVE CATTLE: $0.22 Lower
DOW JONES: 199 Points Lower
NASDAQ: 39 Points Lower
CRUDE OIL: $0.84 Higher

Midday Market Update:

Cheese prices continued to move higher on bids with no interest from sellers. New record highs were established with block price increasing 2 1/2 cents to $2.29 1/2 while barrel price increased 1 1/2 cents to close at $2.25 3/4. Prices increased on unfilled bids with no sellers to be seen. These buyers are aggressively attempting to obtain some cheese, but have difficulty finding it. One would ...

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