OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 17 Higher |
| SOYBEAN MEAL: | $6.60 Lower |
| LIVE CATTLE: | $3.45 Higher |
| DOW JONES: | 41 Points Higher |
| NASDAQ: | 6 Points Lower |
| CRUDE OIL: | $1.89 Higher |
MIDDAY MARKET UPDATE:
Block cheese price remained unchanged at $1.61 with no loads traded. Barrel cheese price declined 4.25 cents, closing at $1.4275 with seven loads traded. Price initially increased 0.25 cent before falling back under selling pressure. An unfilled bid for a load of blocks and an uncovered offer for a load of barrels remained at the end of the trading period. There were four unfilled bids for barrels and one uncovered offer at the close.
Dry whey price remained unchanged at $39.75 with no loads traded. Class III futures slipped back and are generally lower with only the January contract showing a gain of one cent. Butter price increased 6.75 cents, closing at $2.5675 with five loads traded. There were two unfilled bids and two uncovered offers remaining. Grade A nonfat dry milk price remained unchanged at $1.19 with no loads traded. Class IV futures are steady to 5 cents higher. Butter futures are 1.17 cents lower to 3.25 cents higher. Dry whey futures are unchanged to 0.50 cent lower.
Today is the last day to trade November futures and options with the November Federal Order class prices being announced Wednesday.
