OUTSIDE MARKETS SUMMARY:
CORN: | 4 Higher |
SOYBEANS: | 2 Lower |
SOYBEAN MEAL: | $2.90 Lower |
LIVE CATTLE: | $0.22 Higher |
DOW JONES: | 87 Points Lower |
NASDAQ: | 6 Points Higher |
CRUDE OIL: | $1.76 Higher |
MIDDAY MARKET UPDATE:
Block cheese price remained unchanged at $1.6125 with no loads traded. A low bid was placed with no sellers showing any interest in the market today. Barrel cheese price declined 1.50 cents to close at $1.5150 with no loads traded. There was a low bid with three uncovered offers. Dry whey remained steady at 32.75 cents with no loads traded. Class III futures are mixed with futures 14 cents lower to 6 cents higher. Butter price declined 1.50 cents closing at $2.43 with one load traded and one uncovered offer remaining at the close. Grade A nonfat dry milk price remained unchanged at $1.1975 with no loads traded. Class IV futures are mixed from 2 cents lower to 5 cents higher. Butter futures are 0.40 cent lower to 1.50 cents higher. Dry whey futures are steady.