CORN: |
8 Lower |
| SOYBEANS: | 12 Lower |
| SOYBEAN MEAL: | $1.20 Lower |
| LIVE CATTLE: | $0.25 Lower |
| DOW JONES: | 114 Points Lower |
| NASDAQ: | 101 Points Lower |
| CRUDE OIL: | $0.24 Lower |
Block cheese price declined 2.50 cents, closing at $1.7875 with two loads traded. Barrel cheese price increased a penny, closing at $1.71 with no loads traded. Sellers held for a higher price, but buyers did not want to bid up to the offers. The dry whey price increased 0.75 cent, closing at 39.50 cents with three loads traded. Traders did not like the weakness of blocks even though much of that was offset by the gain of barrels and whey. Class III futures are 38 cents lower to 5 cents higher. Butter price declined 3.75 cents, closing at $3.36 with one load traded. Grade A nonfat dry milk price slipped 0.25 cent, closing at $1.2325 with three loads traded. Class IV futures have not traded with wide bid and offers posted. Butter futures are 2.15 cents lower to 2.00 cents higher. Dry whey futures are 0.40 lower to 1.00 cents higher.
