OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Higher |
| SOYBEANS: | 8 Higher |
| SOYBEAN MEAL: | $3.30 Higher |
| LIVE CATTLE: | $1.90 Higher |
| DOW JONES: | 74 Points Lower |
| NASDAQ: | 55 Points Higher |
| CRUDE OIL: | $2.14 Lower |
MIDDAY MARKET UPDATE:
The block cheese price jumped 13.50 cents clsoign at $2.21 with three loads traded. This is the highest price since November 18, 2022. The barrel cheese price jumped 8.75 cents closing at $2.26 with two loads traded. There were unfilled bids for two loads of blocks and one load of barrels. The dry whey price remained unchanged at 56 cents with no loads traded. Class III futures are unchanged to 30 cents higher with traders more aggressive in the first quarter of 2025. The butter price remained unchanged at $3.17 with 26 loads traded. The price initially moved to $3.20 before falling back Grade A nonfat dry milk gained 2 cents closing at $1.33 with five loads traded. Class IV futures are 1 to 34 cents higher. Butter futures are 0.37 cent lower to 2.00 cents higher. Dry whey futures are steady to 0.75 cent lower. USDA will release the July Agricultural Prices report this afternoon.
