OUTSIDE MARKETS SUMMARY:
| CORN: | 7.25 Higher |
| SOYBEANS: | 18.75 Higher |
| SOYBEAN MEAL: | $3.81 Higher |
| LIVE CATTLE: | $0.75 Higher |
| DOW JONES: | 169.43 Points Lower |
| NASDAQ: | 274.74 Points Lower |
| CRUDE OIL: | $1.43 Lower |
MIDDAY MARKET UPDATE:
Barrel cheese price increased a penny, closing at $1.6700 with 10 loads traded. Block cheese price declined 3.5 cents, closing at $1.9450 with two loads traded. Butter price remained unchanged at $2.0600 with no load traded. Grade A nonfat dry milk fell 1.225 cents to $1.6425 with one load traded, while Class IV is 10 to 15 cents lower. Dry whey was unchanged at $0.7125 with no loads traded. Class III futures are 4 to 10 cents lower. Butter futures are 0.25 to 1.50 cents lower. Dry whey futures saw no movement, remaining in the 64.95 to 67.25 range.
