OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Lower |
| SOYBEANS: | 11 Higher |
| SOYBEAN MEAL: | $0.40 Higher |
| LIVE CATTLE: | $0.60 Higher |
| DOW JONES: | 89 Points Lower |
| NASDAQ: | 155 Points Higher |
| CRUDE OIL: | $0.61 Higher |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged at $1.9450 and $1.80 respectively with no loads traded. There was only an unfilled bid for a load of barrels remaining at the close. Dry whey price increased 2 cents closing at 28 cents with 2 loads traded. Class III futures are 2-31 cents higher with October showing the greatest gain. Butter price declined 3.50 cents closing at $2.67 with 20 loads traded. This is the lowest price since August 9th. Grade a nonfat dry milk offset some of the pressure from butter posting a gain of a penny closing at $1.1050 with 3 loads traded. Class IV futures have only traded in the February contract at 7 cents higher. Butter futures are 2.52 cents lower to 0.50 cent higher. Dry whey futures are steady to 0.65 cent higher.
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