OUTSIDE MARKETS SUMMARY:
| CORN: | 8 Higher |
| SOYBEANS: | 5 Higher |
| SOYBEAN MEAL: | $3.50 Lower |
| LIVE CATTLE: | $0.50 Lower |
| DOW JONES: | 890 Points Lower |
| NASDAQ: | 368 Points Lower |
| CRUDE OIL: | $0.92 Higher |
MIDDAY MARKET UPDATE:
Block cheese price increased 3.25 cents closing at $2.1550 with three loads traded. Barrel cheese price gained 6 cents closing at $1.8550 with four loads traded. There was an unfilled bid for both a load of blocks and a load of barrels. Dry whey price increased a penny closing at 39.50 cents with no loads traded. Class III futures are unchanged to 34 cents higher. Butter prices slipped 1.50 cents closing at $2.38 with five loads traded. There were two uncovered offers remaining at the close of spot trading. Grade A nonfat dry milk price remained unchanged at $1.33 with no loads traded. Class IV futures are 24 cents lower to 2 cents higher. Butter futures are 0.22–3.30 cents lower. Dry whey futures are 0.50–1.50 cents lower.
