NEWS
DTN Midday Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Nov 20, 2009 12:44 PM CST
MARKETS SUMMARY:

CORN: 3 Lower
SOYBEANS: 3 Higher
SOYBEAN MEAL: $2.00 Lower
LIVE CATTLE: $0.42 Higher
DOW JONES: 49 Points Lower
NASDAQ: 17 Points Lower
CRUDE OIL: $0.44 Lower

Midday Market Update:

Blocks gained 1 3/4 cents to close $1.60 with only one trade. An unfilled bid set the closing price, indicating a strong underlying interest to get some cheese. Barrels jumped 5 3/4 cents to $1.50 with 3 loads traded. This narrowed the gap a bit, but not enough to satisfy the industry. One of the buyers that has consistently been buying, bought one and had the unfilled ...

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