OUTSIDE MARKETS SUMMARY:
CORN: | 34 Higher |
SOYBEANS: | 22.50 Higher |
SOYBEAN MEAL: | $9.70 Higher |
LIVE CATTLE: | $1.65 Lower |
DOW JONES: | 68 Points Higher |
NASDAQ: | 107 Points Lower |
CRUDE OIL: | $0.97 Lower |
MIDDAY MARKET UPDATE:
Block cheese price saw a 4.75 cent increase to $2.1025 with two loads traded. Barrels jumped 5 cents to close at $1.9700 with five loads traded, the highest it's been since November 2020. Butter moved 2.25 cents higher to $2.7000 with 10 loads traded. Grade A nonfat dry milk was unchanged from Wednesday, closing at $1.8750 with 1 load traded. Dry whey gained 1.50 cents, closing at $0.7550 with no loads traded. Class III milk futures are 12 cents lower, while Class IV is up to 5 cents higher. Butter futures are 7.75 cents to 1.5 dollars higher. Dry whey futures are 2.50 to 6.50 cents lower. Friday the Dairy Products report is released.