OUTSIDE MARKETS SUMMARY:
CORN: | 7.50 lower |
SOYBEANS: | 12.25 Lower |
SOYBEAN MEAL: | $2.50 Lower |
LIVE CATTLE: | $1.075 Lower |
DOW JONES: | 279 Points Lower |
NASDAQ: | 42 Points Lower |
CRUDE OIL: | $1.54 Lower |
MIDDAY MARKET UPDATE:
Block cheese price jumped 5 cents to $2.0100 with one load traded. Barrels declined 1 cent to $2.1750 with no loads traded. Dry whey was up 0.25 cent, ending at $0.4525 with one load traded. Nonfat dry milk price was unchanged at $1.5800 with no loads traded. Butter also saw no change, ending with $3.1325 with no loads traded. Butter futures were up 0.70 cent to 0.45 cent lower. Class III futures ranged from 10 higher cents to 0.25 cent lower. Class IV contracts were priced at $23.55 to $24.65 midday.