OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Lower |
| SOYBEANS: | 19 Lower |
| SOYBEAN MEAL: | $5 Lower |
| LIVE CATTLE: | $0.95 |
| DOW JONES: | 201 Points Lower |
| NASDAQ: | 44 Points Higher |
| CRUDE OIL: | $0.40 Lower |
MIDDAY MARKET UPDATE:
Block cheese price decreased by 0.50 cent, closing at $1.3925 with 13 loads traded. The barrel cheese price decreased 4.50 cents to close at $1.4250 with two loads traded. Dry whey price decreased a penny to close at 39.50 cents with two loads traded. Class III futures are 18 cents lower to 1 cent higher. Butter price decreased by 1.25 cents to close at $2.8075 with one load traded. The Grade A nonfat dry milk price remained unchanged at $1.1075 with one load traded.
Class IV futures are steady with trading activity only in the June contract. Butter futures are steady to 2.50 cents higher. Dry whey futures are 0.75 cent lower to 0.25 cent higher.
The Department of Trade and Consumer Protection released a statement Friday on the illness seen in Texas dairy. This is part of their statement, "An unknown cause of illness has been reported in dairy cows in Texas. Affected cows presented with decreased milk production, decreased feed consumption and reduced rumen motility. While there is limited information available about the cases at this time, older, late-lactation cows appear most likely to be affected. There are no reports of increased death losses and young stock is not reported to be affected. USDA APHIS Veterinary Services is working closely with Texas Animal Health Commission and neighboring states as they continue to investigate potential cases."
