Dairy
Ag markets diverged significantly on Wednesday
Corn futures were probably set to bounce in the wake of recent declines, so it was not terribly surprising to see yellow grain prices rise after the weekly Energy Information Administration report Wednesday morning.
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Livestock futures outperform crop markets Wednesday morning
Corn futures were probably set to bounce in the wake of recent declines, so it was not terribly surprising to see yellow grain prices rise after the weekly Energy Information Administration report Wednesday morning.
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Midwest Cheese Market
MD_DA830
DA
MD DA830 Cheese - Midwest
MADISON, WI. April 24, 2013 (REPORT 17)
MIDWEST CHEESE:
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Dairy: Weekly Cold Storage Holdings
MD_DA953
DA
MD DA953 Weekly Cold Storage Holdings
MADISON, WI. April 24, 2013 (REPORT 17)
WEEKLY COLD STORAGE
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CME Dairy Price Flash
MD_DA997
DA
MD DA997 CME Group - Daily Cash Trading - Week to Date
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Daily Cash Trading - Nonfat Dry Milk
MD_DA600
DA
MD DA600 Nonfat Dry Milk - CME Group - Daily Cash Trading
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Daily Cash Trading - Cheese
MD_DA800
DA
MD DA800 Cheese - CME Group - Daily Cash Trading
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Block cheese down 1.5 cents on CME
The Class III markets opened Tuesday’s session softer and that weakness only increased into the spot session which saw futures trade down 20+ cents prior to the spot open.
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Crop markets generally weak on Tuesday
Tuesday morning news of a surprisingly weak economic report out of China undercut cotton futures in early trading.
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Outside events weighed on commodity markets Tuesday morning
Outside events seemed to depress the crop markets Tuesday morning. U.S. dollar strength apparently weighed upon prices, since a rising greenback raises the cost of American products to international customers.
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Daily Cash Trading - Cheese
MD_DA800
DA
MD DA800 Cheese - CME Group - Daily Cash Trading
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