OUTSIDE MARKETS SUMMARY:
CORN: | 22 Lower |
SOYBEANS: | 24.25 Lower |
SOYBEAN MEAL: | $1.00 Lower |
LIVE CATTLE: | $0.76 Higher |
DOW JONES: | 420 Points Higher |
NASDAQ: | 141 Points Higher |
CRUDE OIL: | $2.33 Higher |
MIDDAY MARKET UPDATE:
Cheese blocks continue to rise, moving 3.50 cents to $1.5400 with eight loads traded. Barrels were up 0.75 cent to $1.4550 with 12 loads traded. Class III futures were down 10 cents to 4 cents higher. Butter price increased 2.25 cents to close at $2.4600 with four loads traded. Class IV futures have yet to be traded Wednesday. Grade A nonfat dry milk was unchanged, closing at $1.1650 with no loads traded. Dry whey price fell a penny to $0.2875 with 13 loads traded. Dry whey futures were unchanged to 0.25 cent lower. Butter futures were 0.75 cent lower to 0.25 cent higher.