OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 2 Higher |
| SOYBEAN MEAL: | $5.70 Lower |
| LIVE CATTLE: | $0.32 Lower |
| DOW JONES: | 85 Points Higher |
| NASDAQ: | 188 Points Lower |
| CRUDE OIL: | $2.57 Higher |
MIDDAY MARKET UPDATE:
Block cheese price declined 4.25 cents closing at $1.9975 with one load traded. Barrel cheese price declined 2.50 cents closing at $1.98 with two loads traded. There was only an offer for a load of blocks remaining at the close of the trading period. It appears strong buying ahead for the holidays may have run its course. Dry whey price declined a penny to 43 cents with one load traded. Butter price declined 0.25 cents closing at $3.15 with one load traded. Grade A nonfat dry milk remained unchanged at $1.42 with three loads traded. Class III futures are 35 cents lower to 9 cents higher with November showing the greatest loss and May showing the only gain. May is higher due to just one contract trading so far today with that trade taking place early in the day. Class IV futures are 8-27 cents lower. Butter futures are 4.00 cents lower to 0.27 cents higher. Dry whey futures are unchanged to 0.02 cents higher.
