OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Lower |
| SOYBEANS: | 6 Lower |
| SOYBEAN MEAL: | $0.11 Lower |
| LIVE CATTLE: | $0.25 Higher |
| DOW JONES: | 632 Points Lower |
| NASDAQ: | 326 Points Lower |
| CRUDE OIL: | $1.57 Lower |
MIDDAY MARKET UPDATE:
The block cheese price was unchanged, settling at $1.90 with no loads traded. The barrel cheese price gained 1.50 cents closing at $1.80 with two loads traded. The dry whey price remained unchanged, closing at $0.5450 with no loads traded yet again Friday. Class III futures are currently trading 10 to 19 cents lower. The butter price fell 0.75 cents, closing at $2.4150 with five loads traded. Grade A nonfat dry milk is 1 cent lower at $1.24 with one load traded. Class IV futures have not yet traded Friday. Butter futures are 0.325 cents lower to 0.250 cents higher. Dry whey futures are 0.75 to 1.9 cents lower.
