OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 7 Lower |
| SOYBEAN MEAL: | $3.10 Lower |
| LIVE CATTLE: | $0.07 Higher |
| DOW JONES: | 317 Points Higher |
| NASDAQ: | 98 Points Higher |
| CRUDE OIL: | $1.92 Higher |
MIDDAY MARKET UPDATE:
Block cheese price remained unchanged at $2.20 with no loads traded. No buyers or sellers showed up during spot trading. Barrel cheese price declined 3.75 cents, closing at $1.8050 with one load traded. An unfilled bid and uncovered offer remained on the board at the close. Dry whey price remained unchanged at 44 cents. Butter price increased 3 cents, closing at $2.93 with five loads traded. Grade A nonfat dry milk price declined a penny to $1.4175 with no loads traded. Class III futures are mixed ranging from 15 cents lower to 10 cents higher. Class IV futures have only traded in the May contract with a decline of 24 cents. Butter futures are 1.00 cents lower to 1.10 cents higher. Dry whey futures are unchanged to 0.25 cent lower. USDA will release the October Cold Storage report Tuesday.
