OUTSIDE MARKETS SUMMARY:
| CORN: | 9 Higher |
| SOYBEANS: | 25 Higher |
| SOYBEAN MEAL: | $6.30 Higher |
| LIVE CATTLE: | $0.70 Higher |
| DOW JONES: | 190 Points Higher |
| NASDAQ: | 223 Points Higher |
| CRUDE OIL: | $0.56 Higher |
MIDDAY MARKET UPDATE:
Buyers stepped up Friday after a period of weakness wanting to take advantage of lower prices. The surprise was the strength in all categories. Block cheese price increased 6 cents, closing at $1.79 with one load traded. There were no unfilled bids or uncovered offers remaining at the close. Barrel price increased 6.50 cents, ending at $1.7425 with no loads traded. There were unfilled bids for three loads remaining at the close. Butter price increased 5 cents, closing at $2.54 with 19 loads traded. There were two unfilled bids and one uncovered offer remaining at the close. Grade A nonfat dry milk price bounced 3 cents, settling at $1.8050 with seven loads traded. Dry whey price increased a penny setting another new high of 84 cents. Class III futures are steady to 62 cents higher with March posting the greatest strength. Class IV futures are 14 to 63 cents higher. Butter futures are 4.82 to 7.50 cents higher. March through June contracts are limit up. Dry whey futures are 0.45 to 1.25 cents higher.
