OUTSIDE MARKETS SUMMARY:
| CORN: | 12 Higher |
| SOYBEANS: | 17 Higher |
| SOYBEAN MEAL: | $7.90 Higher |
| LIVE CATTLE: | $0.30 Higher |
| DOW JONES: | 52 Points Higher |
| NASDAQ: | 34 Points Lower |
| CRUDE OIL: | $0.71 Lower |
MIDDAY MARKET UPDATE:
Block cheese price increased 5.25 cents closing at $2.1950 with one load traded. Barrel cheese price increased 3.50 cents closing at $2.1950 with one load traded. There was an uncovered offer remaining for a load of blocks and an unfilled bid for a load of barrels remaining at the close of the trading period. Buyers have been more aggressive the past two days with sellers holding back. Dry whey remained unchanged at 48.25 cents with no loads traded. Butter increased 2.75 cents ending at $2.9950 with 11 loads traded. Grade A nonfat dry milk gained 3.50 cents closing at $1.80. Class III futures are 6-20 cents higher. Class IV futures are 4 cents lower to 31 cents higher. Butter futures are 1.00 -- 2.50 cents higher. Dry whey futures are 0.05 -- 0.40 cents higher. USDA will release the Planted Acreage report and Agricultural Prices report tomorrow.
