OUTSIDE MARKETS SUMMARY:
| CORN: | $0.06 Lower |
| SOYBEANS: | $0.14 Lower |
| SOYBEAN MEAL: | $1.10 Lower |
| LIVE CATTLE: | $1.32 Lower |
| DOW JONES: | 35 Points Higher |
| NASDAQ: | 113 Points Higher |
| CRUDE OIL: | $0.82 Lower |
MIDDAY MARKET UPDATE:
Block cheese fell price 7 cents, closing at $1.5150 with no loads traded. There was an unfilled bid and an uncovered offer remaining at the close. Barrel cheese price declined 2.50 cents, closing at $1.5750 with two loads traded. There was an unfilled bid and an uncovered offer remaining at the close. Dry whey price remained unchanged at 52 cents with no loads traded. Class III futures are unchanged to 39 cents lower with March showing the greatest loss. Butter price increased by 0.50 cent, closing at $2.7175 with no loads traded. Grade A nonfat dry milk price declined 1.25 cents, closing at $1.18 with one load traded. The weakness of nonfat dry milk exceeded the gain of butter. Class IV futures have not yet been traded. Butter futures are 1.62 cents lower to 2 cents higher. Dry whey futures have not yet traded.
