| CORN: | 8 Higher |
| SOYBEANS: | 3 Lower |
| SOYBEAN MEAL: | $4.10 Lower |
| LIVE CATTLE: | $1.77 Higher |
| DOW JONES: | 255 Points Lower |
| NASDAQ: | 116 Points Lower |
| CRUDE OIL: | $0.51 Higher |
Traders had some anticipation cheese prices could extend the gains of the past three days, but that was too tall an order to fill under current market circumstances. Block cheese price fell back 7.50 cents, closing at $1.5775 with two loads traded. There were two uncovered offers remaining at the close. Barrel price remained steady at $1.5150 with one load traded. There was one unfilled bid and three uncovered offers remaining at the close. Dry whey price found some support with price increasing 1.75 cents, closing at 27.75 cents with nine loads traded. There were 13 unfilled bids and one uncovered offer remaining at the close. There are a lot of willing buyers, but they are not being very aggressive. Class III futures are 14 cents lower to 6 cents higher. Futures fell back significantly after block cheese began weakening. Butter price remained unchanged at $2.4375 with no loads traded. Grade A nonfat dry milk price increased 0.50 cent, closing at $1.1575 with four loads traded. Class IV futures have only traded the August contract with the price unchanged. Butter futures are steady to 1.00 cent lower. Dry whey futures are steady to 2.00 cents higher. USDA will release the April Cold Storage report Wednesday afternoon.
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