OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 11 Higher |
| SOYBEAN MEAL: | $0.90 Lower |
| LIVE CATTLE: | $0.80 Lower |
| DOW JONES: | 27 Points Higher |
| NASDAQ: | 34 Points Lower |
| CRUDE OIL: | $1.13 Higher |
MIDDAY MARKET UPDATE:
The block cheese price decreased by 0.50 cent closing at $1.89 with two loads traded. The barrel cheese price increased 3.50 cents closing at $1.9250 with two loads traded. There were two uncovered offers remaining for blocks at the close. Buyers are unconcerned over supply purchasing cheese on an as-needed basis. The dry whey price remained unchanged at 60.50 cents with no loads traded. Class III futures are 15 cents lower to 5 cents higher. The butter price increased 1.50 cents closing at $2.7050 with five loads traded. Nonfat dry milk slipped 0.25 cent closing at $1.3850 with seven loads traded. Class IV futures are 30 cents lower to 10 cents higher. The USDA will announce the October Federal Order prices Wednesday.
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