OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 9 Lower |
| SOYBEAN MEAL: | $1.20 Lower |
| LIVE CATTLE: | $2.85 Lower |
| DOW JONES: | 83 Points Higher |
| NASDAQ: | 46 Points Higher |
| CRUDE OIL: | $0.14 Lower |
MIDDAY MARKET UPDATE:
Block cheese price declined by 0.25 cent to close at $1.4250 with nine loads traded. Barrel cheese price gained 0.75 cent closing at $1.4375 with five loads traded. Dry whey price increased by 0.50 cent, closing at 40 cents with one load traded. Class III futures backed off their highs during and after spot trading. Futures are currently 1 cent lower to 10 cents higher. Butter price declined 3.25 cents, closing at $2.83 with two loads traded. Grade A nonfat dry milk price remained unchanged at $1.1225 with no loads traded. Class IV futures have not yet been traded. Butter futures are 0.25 to 2.50 cents lower. Dry whey futures are 0.57 cent lower to 1.10 cents higher.
