OUTSIDE MARKETS SUMMARY:
CORN: | $0.02 Lower |
SOYBEANS: | $0.19 Lower |
SOYBEAN MEAL: | $7.60 Lower |
LIVE CATTLE: | $2.22 Higher |
DOW JONES: | 251 Points Higher |
NASDAQ: | 139 Points Higher |
CRUDE OIL: | $0.13 Lower |
MIDDAY MARKET UPDATE:
Class III futures are 15-61 cents higher with March showing the greatest gain. Butter price declined 2 cents, closing at $2.7450 with six loads traded. Grade A nonfat dry milk price remained unchanged at $1.23 with no loads traded. Class IV futures are 2 cents lower to 10 cents higher. Butter futures are 0.10 cents lower to 1.50 cents higher. Dry whey futures are 0.45-2.50 cents higher.