OUTSIDE MARKETS SUMMARY:
| CORN: | 14 Higher |
| SOYBEANS: | 17 Higher |
| SOYBEAN MEAL: | $6.60 Higher |
| LIVE CATTLE: | $0.55 Lower |
| DOW JONES: | 256 Points Higher |
| NASDAQ: | 81 Points Higher |
| CRUDE OIL: | $0.76 Lower |
MIDDAY MARKET UPDATE:
Block cheese price declined 2.50 cents, closing at $2.34 with no loads traded. Barrel cheese price declined 4 cents, closing at $2.34 also with no loads traded. There was only one offer posted for blocks and two offers posted for barrels at the close of spot trading. Dry whey price remained unchanged at 57.50 with no loads traded. There was an unfilled bid for a load below the market. Butter price declined 3.50 cents, closing at $2.6150 with one load traded. Price has not been at this level since Feb. 25. Grade A nonfat dry milk price increased 2 cents, closing at $1.7275 with two loads traded. Class III futures are unchanged to 53 cents lower with May posting the greatest loss. Class IV futures are 26 cents lower to 9 cents higher. Butter futures are 0.77 to 3.50 cents lower. Dry whey futures are 1.00 to 2.70 lower.
