OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Lower |
| SOYBEANS: | 13 Lower |
| SOYBEAN MEAL: | $9 Lower |
| LIVE CATTLE: | $0.72 Higher |
| DOW JONES: | 32 Points Higher |
| NASDAQ: | 53 Points Lower |
| CRUDE OIL: | $0.48 Higher |
MIDDAY MARKET UPDATE:
Butter has been the week's star with strong gains over the past three days. Buyers have become more aggressive with sellers holding back. Price broke above the trading range, moving back to the highest levels since Nov. 9, 2023. Price increased 7.25 cents, closing at $2.76 with two loads traded. There were three unfilled bids and one uncovered offer remaining at the close, which was the same number as at Thursday's close.
Grade A nonfat dry milk price increased 1.75 cents, closing at $1.22 with six loads traded. Class IV futures show a good trading volume with prices ranging from 16 cents to 28 cents higher. Block cheese price increased 1.50 cents, closing at $1.5375 with 11 loads traded. Barrel cheese price increased 3 cents, closing at $1.47 with nine loads traded. Dry whey price remained unchanged at 44.25 cents with no loads traded. Class III futures are unchanged to 30 cents higher with March showing the greatest gain.
