OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Higher |
| SOYBEANS: | 22 Higher |
| SOYBEAN MEAL: | $18.40 Higher |
| LIVE CATTLE: | $0.30 Lower |
| DOW JONES: | 203 Points Higher |
| NASDAQ: | 40 Points Higher |
| CRUDE OIL: | $0.14 Higher |
MIDDAY MARKET UPDATE:
The block cheese price declined 3.50 cents closing at $2.11 with seven loads traded and four unfilled bids remaining at the close. The barrel cheese price fell by 10.25 cents closing at $2.2975 with no loads traded. No buyers showed up during spot trading. The dry whey price remained unchanged at 59.75 with no loads traded. Class III futures are 39 cents lower to 14 cents higher. The butter price declined by 5.75 cents closing at $2.7325 with 18 loads traded. This is the lowest price since February 15. Nonfat dry milk declined 1.25 cents closing at $1.3575 with 11 loads traded. Class IV futures are 17 cents lower to 32 cents higher. Butter futures are 3.95 cents lower to 0.67 cents higher. Dry whey futures are 0.50 cents lower to 0.52 cents higher.
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