OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Higher |
| SOYBEANS: | 4 Higher |
| SOYBEAN MEAL: | $0.90 Lower |
| LIVE CATTLE: | $0.25 Lower |
| DOW JONES: | 393 Points Higher |
| NASDAQ: | 76 Points Higher |
| CRUDE OIL: | $0.86 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased 1.25 cents closing at $1.8725 with five loads traded. The barrel cheese price increased 2.75 cents closing at $1.7675 with five loads traded. There were three unfilled bids for loads of blocks with no uncovered offers remaining at the close. There were two unfilled bids for loads of barrels with one uncovered offer. The dry whey price increased a penny closing at 75 cents with one load traded. Class III futures are steady to 56 cents higher. The lighter trading activity is magnifying the movement of futures. The butter price remained unchanged at $2.5750 with no loads traded. Grade A nonfat dry milk increased by 0.50 cent closing at $1.3875 with three loads traded. Class IV futures have not yet been traded. Butter futures are 3.45 cents lower to 2.00 cents higher. Dry whey futures are 0.30 cent lower to 1.50 cents higher.
