OUTSIDE MARKETS SUMMARY:
| CORN: | 11 Higher |
| SOYBEANS: | 18 Higher |
| SOYBEAN MEAL: | $3.90 Higher |
| LIVE CATTLE: | $0.60 Higher |
| DOW JONES: | 408 Points Higher |
| NASDAQ: | 347 Points Higher |
| CRUDE OIL: | $0.42 Lower |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged at $1.89 and $1.89 respectively. The block and barrel prices spend very little time at the same price level, but have remained at the same price for two consecutive days. There were no loads traded with only an uncovered offer for barrels remaining at the close of spot trading. The dry whey price remained steady at 73.75 cents with no loads traded. Class III futures are 4 cents lower to 14 cents higher. The butter price slipped 0.50 cent closing at $2.53 with three loads traded. Grade A nonfat dry milk increased by 0.50 cent closing at $1.3725 with two loads traded. Class IV futures are 2 to 29 cents lower. Butter futures are 3.00 cents lower to 0.22 cent higher. Dry whey futures are 1.00 cents lower to 1.50 cents higher. The markets will not be open on Monday due to the Martin Luther King Jr. holiday.
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