OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 1 Higher |
| SOYBEAN MEAL: | $1.90 Higher |
| LIVE CATTLE: | $1.32 Lower |
| DOW JONES: | 10 Points Lower |
| NASDAQ: | 43 Points Higher |
| CRUDE OIL: | $0.65 Lower |
MIDDAY MARKET UPDATE:
Block cheese price declined 2 cents closing at $1.74 with no loads traded. There were two uncovered offers and one unfilled bid remaining at the close. Barrel cheese price remained unchanged at $1.77 with no loads traded, two unfilled bids, and an uncovered offer remaining at the close. Dry whey declined a penny closing at 37 cents with two loads traded. Class III futures are steady to 47 cents lower with May posting the greatest loss. Butter price slipped 0.25 cent closing at $2.9675. Grade A nonfat dry milk price declined 1.50 cents closing at $1.1025 with 3 loads traded. Class IV futures have not yet been traded. Butter futures are 3.37 cents lower to 0.52 cent higher. Dry whey futures are 0.50-1.70 cents lower. USDA will release the March Cold Storage report this afternoon.
