NEWS
DTN Midday Dairy Comments
Fri May 22, 2015 12:49 PM CDT

OUTSIDE MARKETS SUMMARY:

CORN: 4 Lower
SOYBEANS: 12 Lower
SOYBEAN MEAL: $0.20 Lower
LIVE CATTLE: $0.40 Lower
DOW JONES: 12 Points Lower
NASDAQ: 7 Points Higher
CRUDE OIL: $1.00 Lower

Midday Market Update:

Block cheese prices continues to crawl higher with a 1/2 cent gain during spot trading with price settling at $1.65 with 4 loads traded. Barrel price followed suit with a smaller price increase of 1/4 cent moving price to $1.62 with 6 loads traded. Higher movement of cheese price kept milk futures higher during and briefly after spot trading. However, price weakness of butter changed the direction and ...

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