OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Lower |
| SOYBEANS: | 12 Lower |
| SOYBEAN MEAL: | $7.60 Lower |
| LIVE CATTLE: | $0.40 Higher |
| DOW JONES: | 72 Points Higher |
| NASDAQ: | 21 Points Higher |
| CRUDE OIL: | $1.86 Lower |
MIDDAY MARKET UPDATE:
Block cheese price increased 1.50 cents, closing at $1.43 with six loads traded. Barrel cheese price declined 4 cents, closing at $1.43 with 14 loads traded. What is interesting in that there remained 19 unfilled bids for barrels at the close of spot trading. This was the same amount as Wednesday and yet there were 14 loads traded today. Dry whey price remained steady at 38.50 cents with no loads traded. Class III futures are 29 cents lower to 5 cents higher. Butter price increased 3.75 cents, closing at $2.66 with two loads traded. Grade A nonfat dry milk price remained unchanged at $1.1650 with no loads traded. Class IV futures are 8 cents lower to 15 cents higher. Dry whey futures are unchanged to 0.20 cent lower.
