OUTSIDE MARKETS SUMMARY:
| CORN: | 7 Higher |
| SOYBEANS: | 18 Lower |
| SOYBEAN MEAL: | $7.70 Lower |
| LIVE CATTLE: | $1.12 Higher |
| DOW JONES: | 624 Points Higher |
| NASDAQ: | 142 Points Higher |
| CRUDE OIL: | $0.38 Lower |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged at $2.38 and $2.3475 respectively. There were loads traded with only an offer for a load of blocks posted. Dry whey price fell back today eliminating the gains of last week closing at 48.50, down 2.25 cents. Butter price increased 1.50 cents closing at $2.8650 with 3 loads traded. Grade A nonfat dry milk price increased 0.50 closing at $1.8050 with 5 loads traded. Class III future are 2 cents lower to 16 cents higher. Class IV futures are one cent lower to 4 cents higher. Butter futures are 0.85 -- 1.22 cents higher. Dry whey are steady. USDA will release the April Cold Storage report this afternoon.
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