| CORN: | 17 Higher |
| SOYBEANS: | 27 Higher |
| SOYBEAN MEAL: | $3.80 Higher |
| LIVE CATTLE: | $0.20 Higher |
| DOW JONES: | 589 Points Lower |
| NASDAQ: | 238 Points Lower |
| CRUDE OIL: | $1.33 Higher |
Block cheese price increased 0.25 cents, closing at $1.99 with three loads traded. Barrel cheese price increased a penny to $1.9550 with one load traded. There was an unfilled bid remaining in each category with an uncovered offer for a load of barrels. This initially moved futures to further gains before contracts began slipping back. Class III futures are currently 3 cents lower to 11 cents higher. Butter price declined 4 cents, closing at $2.65 with six loads traded. Price initially moved down to $2.6325 before buying interest pushed it back to the closing price. Grade A nonfat dry milk price was unchanged at $1.85 with no loads traded. Dry whey price was unchanged at 81 cents with no loads traded. Class IV futures are 30-35 cents higher with trading only taking place in the last quarter of this year. Butter futures are 0.07 to 0.87 cent lower. Dry whey futures are 0.10 to 1.00 cent higher. USDA will release the January Cold storage report Tuesday afternoon.
