OUTSIDE MARKETS SUMMARY:
| CORN: | 9 Lower |
| SOYBEANS: | 17 Lower |
| SOYBEAN MEAL: | $5.60 Higher |
| LIVE CATTLE: | $4.20 Higher |
| DOW JONES: | 13 Points Higher |
| NASDAQ: | 74 Points Higher |
| CRUDE OIL: | $0.05 Lower |
MIDDAY MARKET UPDATE:
Block cheese price initially moved 0.25 cent lower before buyers became more aggressive resulting in the market moving 1.75 cents higher to close at $1.83 with an unfilled bid at $1.80. Barrel cheese price declined 3 cents, closing at $1.72 with 14 loads traded and 4 unfilled bids below the market. Dry whey took a hit with the price declining 4.50 cents closing at 36.50 cents with 5 loads traded. This moves the price down to the lowest level since February 1st. Class III futures are 13 cents lower to 1 cent higher. Butter price remained unchanged at $2.3175 with 3 loads traded. Grade A nonfat dry milk price slipped 0.50 cent closing at $1.1250 with no loads traded. Class IV futures have not yet traded. Butter futures are 1.90 cents lower to 0.50 cent higher. Dry whey futures are 0.47-2.05 cents lower.
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