OUTSIDE MARKETS SUMMARY:
| CORN: | 10.5 Lower |
| SOYBEANS: | 5.50 Lower |
| SOYBEAN MEAL: | $0.80 Higher |
| LIVE CATTLE: | $0.83 Lower |
| DOW JONES: | 112 Points Lower |
| NASDAQ: | 49 Points Lower |
| CRUDE OIL: | $0.92 Lower |
MIDDAY MARKET UPDATE:
Cheese blocks increased 2.75 cents, closing at $1.8250 with no loads traded. Barrels moved 3.75 cents higher to $1.7350 with 11 loads traded. Class III milk futures were 7 to 28 cents higher. Butter price was up 0.25 cents, closing at $2.3325 with no loads traded. March Class IV futures haven't seen any trading yet today, while April and March were unchanged. Butter futures were 0.95 to 1.38 cents higher. Grade A nonfat dry milk moved 1 penny higher to $1.1750 with 4 loads traded. Dry whey was unchanged, closing at $0.4400 with no loads traded. Dry whey futures are 0.85 to 1.57 cents higher.
