OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 5 Higher |
| SOYBEAN MEAL: | $3.90 Lower |
| LIVE CATTLE: | $0.25 Lower |
| DOW JONES: | 172 Points Lower |
| NASDAQ: | 111 Points Higher |
| CRUDE OIL: | $0.67 Lower |
MIDDAY MARKET UPDATE:
The block cheese price remained steady at $1.92 with no loads traded. The barrel cheese price declined 3.25 cents closing at $1.8750 with one load traded. There was an uncovered offer for a load of blocks remaining at the close with no unfilled bids. No unfilled bids or uncovered offers remained at the close in barrels. The dry whey price increased 0.25 cent closing at 60.50 cents with six loads traded. Class III futures are 24 cents lower to 6 cents higher. The butter price slipped 0.50 cent closing at $2.65 with four loads traded. Nonfat dry milk remained unchanged at $1.36 with no loads traded. Class IV futures are 5 to 12 cents lower. Butter futures are 0.90 to 3.25 cents lower. Dry whey futures have not yet traded.
