OUTSIDE MARKETS SUMMARY:
| CORN: | 9 Higher |
| SOYBEANS: | 7 Higher |
| SOYBEAN MEAL: | $14.40 Higher |
| LIVE CATTLE: | $0.95 Higher |
| DOW JONES: | 75 Points Higher |
| NASDAQ: | 117 Points Higher |
| CRUDE OIL: | $0.73 Lower |
MIDDAY MARKET UPDATE:
Block cheese price increased 4.50 cents, closing at $2.10 with three loads traded. Barrel cheese gained 0.25 cent, closing at $1.9625 with two loads traded. Barrel price initially declined to $1.94 before a buyer bid price back up to close higher. Dry whey price increased 0.75 cent, closing at 44.50 cents with four loads traded. Class III futures are unchanged to 25 cents higher with September and November showing the greatest gain. Butter price slipped 0.25 cent, closing at $2.3450 with one load traded. Grade A nonfat dry milk price remained unchanged at $1.15 with no loads traded. Class III futures have only traded in the November contract, steady with Thursday. Butter futures are 0.27 to 0.60 cent higher. Dry whey futures are steady to 0.30 cent lower.
