OUTSIDE MARKETS SUMMARY:
CORN: | 5 Higher |
SOYBEANS: | 3 Lower |
SOYBEAN MEAL: | $6.90 Higher |
LIVE CATTLE: | $2.62 Higher |
DOW JONES: | 181 Points Higher |
NASDAQ: | 190 Points Higher |
CRUDE OIL: | $1.81 Lower |
MIDDAY MARKET UPDATE:
Block cheese price gained 4 cents being pushed higher on an unfilled bid. Price closed spot trading at $2.2250. Barrel cheese price increase 3.50 cents closing at $2.21 with two loads traded. Dry whey price slipped 0.50 cent closing at 51 cents with four loads traded. Class III futures were lower prior to spot trading with prices now ranging from 27 cents lower to 7 cents higher. Butter price declined 1 cent, closing at $2.97 with six loads traded. Grade A nonfat dry milk price slipped 0.25 cent closing at $1.8175 with no loads traded. Class IV futures have not yet traded. Butter futures are 1.17, 3.00 cents higher. Dry whey futures are 3.50 cents lower to 1.00 cents higher.