OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 10 Higher |
| SOYBEAN MEAL: | $3.80 Higher |
| LIVE CATTLE: | $0.52 Higher |
| DOW JONES: | 98 Points Lower |
| NASDAQ: | 43 Points Lower |
| CRUDE OIL: | $2.60 Lower |
MIDDAY MARKET UPDATE:
Block cheese price remained unchanged at $2.2325 with no loads traded. An uncovered offer remained at the close with no buyers showing up Friday. Barrel price fell 5.25 cents to $1.9275 with three loads traded. There were five uncovered offers remaining at the close with no unfilled bids. Barrels have declined 11 cents over the past two days. Dry whey price remained unchanged at 44 cents with no loads traded. Butter price plummeted 13 cents closing at $2.81 with five loads traded. After the first load traded at the steady price, buyers were not willing to purchase unless price declined. Sellers were aggressive, wanting to move product and continued to offer lower. There was one uncovered offer remaining at the close. Grade A nonfat dry milk price declined 1.25 cents, ending at $1.4275 with five loads traded. Class III futures are 25 cents lower to 9 cents higher. Class IV futures have only shown trading in the April contract with price down 34 cents. Butter futures are 7.50 cents lower to 0.50 cent higher. Dry whey futures are unchanged to 0.95 cent lower.
