OUTSIDE MARKETS SUMMARY:
CORN: | $0.02 Higher |
SOYBEANS: | $0.11 Higher |
SOYBEAN MEAL: | $6.40 Higher |
LIVE CATTLE: | $0.825 Lower |
DOW JONES: | 220 Points Higher |
NASDAQ: | 67 Points Higher |
CRUDE OIL: | $0.04 Lower |
MIDDAY MARKET UPDATE:
Block cheese gained 0.0150 cent, closing at $1.5850 with one load traded. Barrel cheese is up 0.0175 cent, closing at $1.5950 with three loads traded. Dry whey is even at $0.5200 with no loads traded. Butter price gained 0.0225 cent at $2.7125 with no loads traded. Grade A nonfat dry milk price is even at $1.2000 with no loads traded. Class III futures are higher, ranging from 14-27 cents higher. Class IV futures are even with only one contract traded versus February at -.15 lower. Cheese is 0.0170 to 0.0300 higher. Butter futures are 1 lower to 4 higher. Dry whey futures are 0.7750 higher.