CORN: | 8 Higher |
SOYBEANS: | 9 Lower |
SOYBEAN MEAL: | $2.90 Higher |
LIVE CATTLE: | $0.70 Higher |
DOW JONES: | 377 Points Higher |
NASDAQ: | 236 Points Higher |
CRUDE OIL: | $6.20 Lower |
Block cheese price declined 7 cents, closing at $2.12, with only one load traded. An offer remained at the close. Barrel cheese price declined a penny, closing at $2.02 with no loads traded. There were two offers remaining at the close of trading. Dry whey price remained unchanged at 75.75 cents with no loads traded. Class III futures took a little time to react to the lower spot prices, but eventually, sellers become more aggressive, pushing the market lower. Class III futures through April 2023 are 4-75 cents lower with April limit down. This is quite the reversal from the past two days. Butter price remained unchanged at $2.7350 with no loads traded. Grade A nonfat dry milk price remained unchanged at $1.8450 with five loads traded. Class IV futures are unchanged to 20 cents lower. Butter futures are 1.50-4.25 cents lower. Dry whey futures are 0.27 cent to 1.97 cents lower.