OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Lower |
| SOYBEANS: | 63 Higher |
| SOYBEAN MEAL: | $7.00 Lower |
| LIVE CATTLE: | $0.40 Higher |
| DOW JONES: | 311 Points Higher |
| NASDAQ: | 386 Points Higher |
| CRUDE OIL: | $3.79 Higher |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged at $2.3075 and $2.3950, respectively. There were no loads traded and no buyers or sellers showing up during spot trading. Butter price also remained unchanged at $2.7050 with no loads traded and no one showing up to do any business. Dry whey showed most of the pressure with price declining 2.25 cents, closing at 53.25 with four loads traded. This made another new low for the move, taking price down to the lowest level since Sept. 15, 2022. Grade A nonfat dry milk price increased 0.25 cent, ending at $1.73 with no loads traded. Class III futures are 20 cents lower to 20 cents higher. Class IV futures are 3 cents lower to 22 cents higher. Butter futures are 1.00 cents lower to 1.00 cents higher. Dry whey futures are 1.00 to 3.70 cents lower.
