OUTSIDE MARKETS SUMMARY:
CORN: | 6.50 Higher |
SOYBEANS: | 0.25 Lower |
SOYBEAN MEAL: | $4.60 Lower |
LIVE CATTLE: | $0.95 Higher |
DOW JONES: | 336 Points Higher |
NASDAQ: | 242 Points Higher |
CRUDE OIL: | $1.00 Higher |
MIDDAY MARKET UPDATE:
Cheese blocks slipped 0.75 cents, closing at $1.9525 with no loads traded. Barrels were unchanged at $1.8875 with no loads traded. Class III futures were unchanged to 13 cents lower. Butter price moved 2 cents higher to $2.4000 with four loads traded. Grade A nonfat dry milk remained at $1.1800 with two loads traded. Dry whey was up a penny, closing at $0.4600 with one load traded. Class IV milk futures haven't seen much trading. March and May 2023 contracts haven't moved yet, but April was up 4 cents. Dry whey futures are 0.20 to 1.25 cents higher. No trading yet for March butter futures, but April was up 0.98 cent and May was unchanged.