OUTSIDE MARKETS SUMMARY:
| CORN: | 14 Lower |
| SOYBEANS: | 8 Lower |
| SOYBEAN MEAL: | $1.40 Higher |
| LIVE CATTLE: | $0.72 Higher |
| DOW JONES: | 330 Points Higher |
| NASDAQ: | 236 Points Higher |
| CRUDE OIL: | $0.82 Higher |
MIDDAY MARKET UPDATE:
Block cheese price increased 3.75 cents, closing at $1.68 with nine loads traded. There were no unfilled bids or uncovered offers remaining at the close. Price initially moved to $1.6950 before slipping back to the closing price. Barrel cheese price increased a penny, closing at $1.59 with nine loads traded. There were two unfilled bids remaining at the close with sellers moving what they needed to Thursday. Dry whey price remained unchanged at 34.50 with no loads traded. Class III futures are 15 cents lower to 41 cents higher with May showing the greatest gain. Butter price increased 1.25 cents closing at $2.4125 with two loads traded. Grade A nonfat dry milk price slipped 0.50 cent, ending at $1.16 with no loads traded. Class III futures are one cent lower in the June contract, which has seen the only activity so far. Butter futures are 0.90 to 2.40 cents higher. Dry whey futures are 0.65 to 1.00 cent higher.
