OUTSIDE MARKETS SUMMARY:
| CORN: | 7 Higher |
| SOYBEANS: | 10.25 Higher |
| SOYBEAN MEAL: | $4.80 Higher |
| LIVE CATTLE: | $0.075 Lower |
| DOW JONES: | 159 Points Lower |
| NASDAQ: | 581 Points Lower |
| CRUDE OIL: | $3.91 Higher |
MIDDAY MARKET UPDATE:
Traders were not as interested in cheese spot trading. Blocks slipped 0.75 cents to close at $2.0225 with no loads traded. Barrels declined 2.50 cents to $2.2250 with no loads traded. Class III futures were 7 to 11 cents lower. Butter dropped 5 cents to $3.2175 with one load traded. Nonfat dry milk was unchanged, closing at $1.5400 with one load traded. Dry whey price remained at $0.4225 with one load traded. Class IV milk futures were 3 cents lower. Dry whey futures were unchanged. Butter futures were 0.5 to 2 cents lower. Being different from the rest, nonfat dry milk futures were 0.55 to 0.97 cents higher.
