OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Lower |
| SOYBEANS: | 1 Higher |
| SOYBEAN MEAL: | $3.30 Lower |
| LIVE CATTLE: | $0.02 Lower |
| DOW JONES: | 104 Points Higher |
| NASDAQ: | 36 Points Higher |
| CRUDE OIL: | $1.21 Lower |
MIDDAY MARKET UPDATE:
Block cheese price increased 2.50 cents, closing at $1.4150 with seven loads traded. There were five unfilled bids remaining at the close. Barrel cheese price gained 4.50 cents, closing at $1.47 with eight loads traded. There were 19 unfilled bids remaining at the close with one uncovered offer. It seems buyers are more interested in purchasing as the end of the year approaches. Dry whey price increased 0.50 cent, closing at 38.50 cents with one load traded. Class III futures are 2-16 cents higher with January and February showing the greatest gains. Butter price increased 8 cents, closing at $2.6225 with no loads traded. There were two unfilled bids remaining with no uncovered offers. Manufactures are holding back seeing no need to be aggressive sellers. Grade A nonfat dry milk price gained 0.50 cent, closing at $1.1650 with no loads traded. Class IV futures are 8-18 cents higher. Butter futures are 0.20 -- 3.20 cents higher. Dry whey futures are 0.05 cent lower to 0.47 cent higher.
