NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed May 21, 2014 01:04 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: Unchanged
SOYBEANS: 22 Higher
SOYBEAN MEAL: $7.80 Higher
LIVE CATTLE: $0.57 Lower
DOW JONES: 136 Points Higher
NASDAQ: 25 Points Higher
CRUDE OIL: $1.67 Higher

Midday Market Update:

Spot cheese was void of any activity today. Buyers and sellers seemed to be planning what they are going to do this weekend rather than doing any business in the spot market. Block and barrel price remained unchanged at $1.96. Butter showed activity of two loads traded and price declining 1/2 cent to $2.16 1/4 and an uncovered offer left on the board. Grade A nonfat dry milk trade ...

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