OUTSIDE MARKETS SUMMARY:
CORN: | 16 Lower |
SOYBEANS: | 28 Higher |
SOYBEAN MEAL: | $0.20 Higher |
LIVE CATTLE: | $0.40 Higher |
DOW JONES: | 181 Points Higher |
NASDAQ: | 45 Points Lower |
CRUDE OIL: | $0.17 Higher |
MIDDAY MARKET UPDATE:
Block cheese price remained unchanged at $1.33 with nine loads traded. Price initially moved 0.25 cent higher but could not hold. Barrel cheese price declined 3.25 cents, closing at $1.35 with 15 loads traded. Dry whey price declined a penny with price at 23.35 and 12 cents lower. Class III futures 28 cents lower to 4 cents higher. Butter price remained unchanged at $2.44 with four loads traded. Grade A nonfat milk price gained 0.25 closing at $1.12 with six loads traded. Class IV futures are 17 cents lower to 11 cents higher. Butter futures are 1.30 cents lower to 1.00 cents higher. Dry whey futures are 0.67 to 1.30 cents lower.