OUTSIDE MARKETS SUMMARY:
CORN: | 1 Higher |
SOYBEANS: | 17 Higher |
SOYBEAN MEAL: | $8.30 Higher |
LIVE CATTLE: | $0.25 Lower |
DOW JONES: | 488 Points Higher |
NASDAQ: | 345 Points Higher |
CRUDE OIL: | $0.59 Higher |
MIDDAY MARKET UPDATE:
Block cheese price slightly higher closing at $1.7875 with one load traded. Barrel cheese price remained steady, closing at $1.88 with one load traded. Two unfilled bids for blocks remain at close with no offer remaining. Barrels had two bids and one offer remaining.
Dry whey price increased 0.50 cents, closing at 39.50 cents with 10 loads traded. There were four bids remaining and only one offer at the close. Class III futures are 1 cent to 23 cents higher. Butter increased 1.75 cents at $3.0750 with two bids and one offer remaining. Grade A nonfat dry milk price increased by 1.25 cents, closing at $1.13 with two loads traded. Class IV futures are flat to 9 cents higher with only the November traded so far today. Butter futures are 0.35 cents to 3 cents lower. Dry whey futures are steady to $1.85 higher.