OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Higher |
| SOYBEANS: | 10 Higher |
| SOYBEAN MEAL: | $0.11 Lower |
| LIVE CATTLE: | $0.725 Lower |
| DOW JONES: | 637 Points Lower |
| NASDAQ: | 150 Points Lower |
| CRUDE OIL: | $0.07 Higher |
MIDDAY MARKET UPDATE:
The block cheese price was up 0.25 cents settlings at $1.90 with three loads traded. The barrel cheese price slipped by 2.25 cent closing at $1.785 with three loads traded. The dry whey price remained unchanged, closing at $0.5450 with no loads traded. Class III futures are currently trading 1 to 12 cents higher, pulling back from Thursday morning's small rally. The butter price fell 1.75 cents, closing at $2.4225 with six loads traded. Grade A nonfat dry milk is 2 cents lower at $1.25 with one load traded. Class IV futures are anywhere from unchanged to 0.5 cents higher. Butter futures are 0.475 cents lower to 0.575 cents higher. Dry whey futures are 0.275 to 1.575 cents lower.
