OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 8 Higher |
| SOYBEAN MEAL: | $2.60 Lower |
| LIVE CATTLE: | $0.37 Lower |
| DOW JONES: | 370 Points Lower |
| NASDAQ: | 34 Points Higher |
| CRUDE OIL: | $1.69 Lower |
MIDDAY MARKET UPDATE:
Block cheese price declined 3.75 cents closing at $1.8875 with 1 load traded. Barrel cheese price declined 1.50 cents closing at $1.63 with 6 loads traded. An uncovered offer for a load of blocks and two uncovered offers for barrels remained at the close of spot trading, suggesting that further pressure might unfold next week. Butter price increased 0.25 cent closing at $2.0925. Grade A nonfat dry milk price increased 1.25 cents closing at $1.6775 with 3 loads traded. Dry whey price increased 1.75 cents closing at 73 cents with 1 load traded. Class III futures are 36 cents lower to 8 cents higher. January shows the greatest loss. Class IV futures are 15 cents lower to 15 cents higher. Butter futures are 0.25 cent to 0.52 cent lower. Dry whey futures are 0.10 cent to 0.65 cent lower
