OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 2 Higher |
| SOYBEAN MEAL: | $4.80 Higher |
| LIVE CATTLE: | $1.85 Higher |
| DOW JONES: | 341 Points Lower |
| NASDAQ: | 180 Points Lower |
| CRUDE OIL: | $1.47 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased by 0.25 cent closing at $1.9125 with one load traded. The barrel cheese price remained unchanged with no loads traded. There was an unfilled bid and two uncovered offers for blocks and an uncovered offer for a load of barrels remaining at the close. The dry whey price remained unchanged at 75 cents with no loads traded and only a seller showing up Thursday. Class III futures are steady to 14 cents higher. The butter price slipped 0.50 cent closing at $2.5450 with 11 loads traded. Grade A nonfat dry milk declined by 0.50 cent closing at $1.37 with six loads traded. Class IV futures have not yet been traded. Butter futures are 3.15 cents lower to 1.00 cents higher. Dry whey futures are steady to 0.50 cent higher. The December Federal Order Prices will be announced Thursday afternoon.
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