OUTSIDE MARKETS SUMMARY:
CORN: | 8 Higher |
SOYBEANS: | 16 Higher |
SOYBEAN MEAL: | 10 Higher |
LIVE CATTLE: | $1.275 Lower |
DOW JONES: | 40 Points Higher |
NASDAQ: | 178 Points Higher |
CRUDE OIL: | $0.58 Lower |
MIDDAY MARKET UPDATE:
The block cheese price gained 3.375 cents closing at $1.90 with three loads traded. This was the only loads traded of any product for the day. The barrel cheese price gained 1.5 cents, closing at $1.8050 with no loads traded. There were five bids and one offer unfilled at the close. The dry whey price remained steady closing spot trading at 62 cents with no loads traded. Class III futures are 18 to 34 cents higher. The butter price remained steady closing at $2.43 with no loads traded and only one bid the entire trading session. Grade A nonfat dry milk closed at $1.34 with no loads traded. Class IV futures have not yet been traded. Butter futures are 1.150 to 1.450 cents higher. Dry whey futures are steady to 1.3 cents higher.