OUTSIDE MARKETS SUMMARY:
CORN: | 5 Lower |
SOYBEANS: | 13 Lower |
SOYBEAN MEAL: | $9.20 Lower |
LIVE CATTLE: | $0.07 Lower |
DOW JONES: | 201 Points Higher |
NASDAQ: | 68 Points Higher |
CRUDE OIL: | $0.91 Higher |
MIDDAY MARKET UPDATE:
Block cheese price increased 0.25 closing at $1.4550 with 4 loads traded. Barrel price increased 0.50 cent at $1.41 with 11 loads traded. There was an unfilled bid and an uncovered offer remaining at the close of trading. There were 9 unfilled bids for barrels.
Dry whey price decreased 0.50 closing at 39 cents. Class III futures are mixed from 7 cents lower to 6 cents higher. Butter gained 5.75 cents closing at $2.6050 with 5 loads traded. Grade A nonfat dry milk declined a penny to $1.16 with 7 loads traded. Class IV futures are 2 to 12 cents higher. Butter futures are 1.00-2.27 higher. Dry whey futures are 0.30 cent lower 0.20 cent higher.