OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Higher |
| SOYBEANS: | 2 Lower |
| SOYBEAN MEAL: | $2.10 Higher |
| LIVE CATTLE: | $1.40 Higher |
| DOW JONES: | 2 Points Lower |
| NASDAQ: | 51 Points Higher |
| CRUDE OIL: | $1.24 Higher |
MIDDAY MARKET UPDATE:
Block cheese price declined a penny, closing at $1.9250 with one load traded. Barrel cheese price declined 3 cents, closing at $1.8750 with no loads traded. There were an unfilled bid 10 cents below the block price and an unfilled bid for barrels 7.50 cents lower. Dry whey price slipped 0.25 cent, closing at 44 cents with no loads traded. Class III futures followed a similar pattern to Wednesday with most contracts trading 1 to 12 cents higher. Only April showed a decline of a penny. Butter price closed unchanged at $2.3975 with five loads traded. Price was on a roller coaster gaining 1.75 cents early and then falling back to unchanged then regaining 1.25 cents only to fall back during the conditional extension period of trading to unchanged. Grade A nonfat dry milk price remained steady at $1.1475 with no loads traded. Class IV futures have not traded. Butter futures are 0.75 to 1.00 cents higher. Dry whey futures are 0.42 to 1.50 cents higher.
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