OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 9 Lower |
| SOYBEAN MEAL: | $2.90 Higher |
| LIVE CATTLE: | $0.12 Higher |
| DOW JONES: | 436 Points Higher |
| NASDAQ: | 349 Points Higher |
| CRUDE OIL: | $2.05 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 3.00 cents to close at $1.6600 with 3 loads traded. The barrel cheese price remained unchanged at $1.6275 with no loads traded. The dry whey price increased 0.25 cent to close at 69.75 cents with no loads traded. Class III futures traded mixed until spot trading and are now 4 cents lower to 22 cents higher, with the April contract showing the only loss. The butter price increased 0.25 cent to close at $1.5750 with 12 loads traded. The price initially declined to $1.5600 before buyers became more aggressive, with the price regaining the loss. Grade A nonfat dry milk decreased 2.00 cents to close at $1.4300 with 25 loads traded. The price initially declined 3.00 cents before retracing some of the loss. Class IV futures are 10-19 cents lower. Butter futures are 0.65 -- 5.50 cents lower. Dry whey futures are 0.45 cent lower to 1.45 cents higher. Cheese futures are steady to 1.70 cents higher. Nonfat dry milk futures are 0.42 to 1.42 cents lower.

