OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Lower |
| SOYBEANS: | 49 Higher |
| SOYBEAN MEAL: | $5.70 Higher |
| LIVE CATTLE: | $0.17 Higher |
| DOW JONES: | 601 Points Higher |
| NASDAQ: | 332 Points Higher |
| CRUDE OIL: | $3.91 Higher |
Block cheese price declined 2 cents, closing at $2.28 with 2 loads traded. Price traded up to $2.2850 before an offer pushed price lower for the final trade of the spot market. There were no bids or offers remaining at the close. Barrel cheese price declined 1.50 cents with six loads traded and an offer remaining at the close. Dry whey price increased a penny closing at 51 cents with one load traded. Butter price cracked today with a slight decline of 0.50 cent after eight consecutive days of gains. There were eight loads traded with an unfilled bid remaining at the close. It is possible price may have reached resistance and may retrace, but it is too early to tell. Grade A nonfat dry milk price increased 1.25 cents closing at $1.8550 with four loads traded. This moves price to the highest level it has been since March 24. Class III futures are 9 cents lower to 13 cents higher. Class IV futures are 1-19 cents higher. Butter futures are 1 cent lower to 1.57 cents higher. Dry whey futures are 1.75-2.40 cents higher.
