OUTSIDE MARKETS SUMMARY:
| CORN: | 9 Higher |
| SOYBEANS: | 21 Higher |
| SOYBEAN MEAL: | $8.20 Higher |
| LIVE CATTLE: | $0.22 Higher |
| DOW JONES: | 171 Points Higher |
| NASDAQ: | 41 Points Higher |
| CRUDE OIL: | $1.92 Higher |
MIDDAY MARKET UPDATE:
Block cheese price increased 0.75 cent, closing at $1.6875 with two loads traded. There was one unfilled bid remaining at the close. The barrel cheese price closed unchanged after initially increasing 0.25 cent before slipping back. There was one unfilled bid and three uncovered offers remaining at the close. Dry whey price increased 0.75, closing at 35.25 with 15 loads traded. There was an uncovered offer and two unfilled bids remaining at the close. Class III futures are 22 cents lower to 2 cents higher. Butter price declined 6 cents, closing at $2.3525 with two loads traded. Grade A nonfat dry milk price gained 1.50 cents, closing at $1.1750 with two loads traded. Class IV futures are 1 to 10 cents higher. Butter futures are 0.25 to 3.00 cents higher. Dry whey futures are steady. The March Agricultural Prices report will be released Friday afternoon, providing average prices for calculating income over feed for the Dairy Margin Coverage program.
