OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 21 Higher |
| SOYBEAN MEAL: | $8.80 Higher |
| LIVE CATTLE: | $0.27 Higher |
| DOW JONES: | 228 Points Higher |
| NASDAQ: | 112 Points Higher |
| CRUDE OIL: | $1.10 Higher |
MIDDAY MARKET UPDATE:
Block cheese increased 1.25 cents, closing at $1.8725 with 2 loads traded. Barrel cheese increased 2.50 cents, closing at $1.65 with 7 loads traded. Dry whey price increased a penny, closing at 73.50 cents with 1 load traded. Gains in cash pushed Class III futures higher with February up 36 cents. Futures range from 2 cents lower to 36 cents higher with February, March, July and August at $20.00 or higher. Butter price increased 4.75 cents closing at $2.19 with 3 loads traded. Grade A nonfat dry milk price increased 0.75 cent ending at $1.67 with 10 loads traded. Class IV futures are showing light trade with contracts ranging from 8-31 cents higher. Butter futures are 2.00-5.75 cents higher. Dry whey futures are 0.25 cent to 1.50 cents higher. USDA will release the November Cold Storage report Wednesday afternoon.
