OUTSIDE MARKETS SUMMARY:
| CORN: | 7 Lower |
| SOYBEANS: | 17 Lower |
| SOYBEAN MEAL: | $5.40 Lower |
| LIVE CATTLE: | $2.17 Lower |
| DOW JONES: | 267 Points Higher |
| NASDAQ: | 14 Points Higher |
| CRUDE OIL: | $0.35 Higher |
MIDDAY MARKET UPDATE:
The block cheese price gained 0.50 cent closing at $1.9350 with five loads traded. Blocks initially declined 0.25 cents before buying interest brought the price back up from the low. The barrel cheese price remained unchanged at $1.8650 with four loads traded. The dry whey price declined 3 cents, closing during spot trading at 66 cents with one load traded. Class III futures are 2 cents lower to 9 cents higher. The butter price declined a penny closing at $2.45 with two loads traded. This moves the price to the lowest level since June 30, 2023. Grade A nonfat dry milk closed at $1.3450 with seven loads traded. Class IV futures have not yet been traded. Butter futures are 0.75 cent lower to 0.82 cent higher. Dry whey futures are 0.20 to 1.70 cents lower.
