OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 10 Higher |
| SOYBEAN MEAL: | Unchanged |
| LIVE CATTLE: | $0.95 Lower |
| DOW JONES: | 166 Points Lower |
| NASDAQ: | 264 Points Lower |
| CRUDE OIL: | $0.11 Higher |
MIDDAY MARKET UPDATE:
The block cheese price lost 1.50 cents closing at $1.8625 with four loads traded. There were two unfilled offers at the close. The barrel cheese price closed 2 cents lower at $1.79 with four loads traded. The dry whey price declined 2 cents closing spot trading at 62 cents with two loads traded. Class III futures are 11 to 30 cents higher. The butter price declined a quarter of a cent closing at $2.43 with three loads traded. Grade A nonfat dry milk closed at $1.34 with seven loads traded, that is down a half a cent from Friday. Class IV futures have not yet been traded. Butter futures are 0 to 2.575 cents lower. Dry whey futures are 3 cents lower to 0.550 cents higher.
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