OUTSIDE MARKETS SUMMARY:
CORN: | 2.75 Higher |
SOYBEANS: | 21 Higher |
SOYBEAN MEAL: | $5.30 Higher |
LIVE CATTLE: | $1.30 Higher |
DOW JONES: | 597 Points Lower |
NASDAQ: | 250 Points Lower |
CRUDE OIL: | $0.22 Higher |
MIDDAY MARKET UPDATE:
Cheese prices finally moved after a long weekend. Blocks climbed 8 cents to close at $1.9600 with four loads traded. Barrels moved 3.50 cents higher to $1.5825 with nine loads traded. Class III futures were a penny to 23 cents higher. Butter price increased a half cent to $2.3800 with one load traded. Nonfat dry milk was unchanged at $1.2200 with one load traded. Class IV futures haven't seen any trading yet today. Dry whey remained at $0.4500 with no loads traded. Butter futures were unchanged. Dry whey futures were 0.025 cent higher.