OUTSIDE MARKETS SUMMARY:
CORN: | 8.50 Lower |
SOYBEANS: | 1.50 Higher |
SOYBEAN MEAL: | $8.20 Higher |
LIVE CATTLE: | $0.23 Higher |
DOW JONES: | 443 Points Lower |
NASDAQ: | 203 Points Lower |
CRUDE OIL: | $2.32 Lower |
MIDDAY MARKET UPDATE:
Cheese blocks moved lower 2 cents, closing at $2.0800 with one load traded. Barrels saw a 5-cent increase to $1.9475 with five loads traded. Class III futures were 19 cents lower to 3 cents higher. Dry whey price remained at 45 cents with no loads traded. Butter price also didn't see any movement, staying at $2.9000 with no loads traded. Grade A nonfat dry milk was unchanged at $1.3600 with no loads traded. Class IV futures saw a 10-cent increase for December. Butter futures were 0.25 cents lower to 2.25 cents higher. Dry whey futures were unchanged to 0.43 cents higher.