OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Higher |
| SOYBEANS: | 6 Higher |
| SOYBEAN MEAL: | $0.40 Lower |
| LIVE CATTLE: | $0.65 Lower |
| DOW JONES: | 471 Points Lower |
| NASDAQ: | 349 Points Lower |
| CRUDE OIL: | $0.12 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased 3 cents closing at $1.92 with one load traded. An offer remained at the close price, with the seller unwilling to offer it lower. The barrel cheese price slipped by 0.25 cent closing at $1.9075 with one load traded. An uncovered offer remained at the close. The dry whey price remained unchanged at 60.25 cents with no loads traded. Class III futures were lower but turned higher after spot trading with contracts unchanged to 17 cents higher. The butter price declined 2.25 cents closing at $2.65 with no loads traded. Four uncovered offers remained at the close. Grade A nonfat dry milk remained unchanged at $1.36 with 11 loads traded. Class IV futures have only traded in the December contract at 12 cents higher. Butter futures are 0.27 -- 3.40 cents lower. Dry whey futures are 0.40 -- 0.50 cent higher.
