OUTSIDE MARKETS SUMMARY:
CORN: | 2 Higher |
SOYBEANS: | 1 Lower |
SOYBEAN MEAL: | $2.20 Lower |
LIVE CATTLE: | $3.02 Lower |
DOW JONES: | 134 Points Lower |
NASDAQ: | 51 Points Higher |
CRUDE OIL: | $0.25 Lower |
MIDDAY MARKET UPDATE:
Cheese prices remained steady at $1.86 for blocks and $1.8050 for barrels. There were no loads traded with two offers for loads of barrels remaining at the close. The dry whey price declined 2 cents closing at 59 cents with no loads traded. There was an unfilled bid and five uncovered offers remaining at the close. Class III futures are 10 cents lower to 9 cents higher. The butter price declined a penny closing at $2.40 with seven loads traded. There was an unfilled bid and two uncovered offers remaining at the close. Grade A nonfat dry milk remained steady at $1.34 with no loads traded. Class IV futures are 5 to 30 cents lower. Butter futures are 1.75 to 4.00 cents lower. Dry whey futures are 0.32 cent lower to 0.50 cent higher.