OUTSIDE MARKETS SUMMARY:
CORN: | 1 Lower |
SOYBEANS: | 4 Higher |
SOYBEAN MEAL: | $0.90 Lower |
LIVE CATTLE: | $1.67 Higher |
DOW JONES: | 578 Points Lower |
NASDAQ: | 345 Points Lower |
CRUDE OIL: | $5.54 Higher |
MIDDAY MARKET UPDATE:
Block cheese price increased 1.25 cents, closing at $2.1625 with three loads traded. Barrel cheese price increased 5.75 cents, closing at $2.0275 with seven loads traded. There was an offer for a load of barrels remaining at the close at a higher price. Dry whey price remained unchanged at 75.75 cents with no loads traded. Butter gained 3.75 cents, closing at $2.7225 with six loads traded. Grade A nonfat dry milk price declined a penny to $1.8625 with two loads traded. Class III futures are 6 to 46 cents higher. Class IV futures are 18 cents lower to 13 cents higher. Butter futures are 0.32 to 1.47 cents higher. Dry whey futures are 0.25 cent lower to 0.27 cent higher.