| CORN: | 4 Lower |
| SOYBEANS: | 5 Lower |
| SOYBEAN MEAL: | $3.50 Lower |
| LIVE CATTLE: | $2.15 Lower |
| DOW JONES: | 16 Points Higher |
| NASDAQ: | 82 Points Lower |
| CRUDE OIL: | $1.02 Higher |
The block cheese price increased 0.50 cent closing at $1.9075 with no loads traded. The barrel cheese price increased 0.25 cent closing at $1.8175 with one load traded. The gains in cheese were more than offset by the decline of dry whey. Dry whey declined 2 cents closing at 56.75 cents with two loads traded. However, Class III futures are mostly higher ranging from 15 cents lower in deferred contracts to 23 cents higher in nearby contracts. The butter price jumped 5 cents closing at $2.43 with 12 loads traded. The price was low enough to generate buying interest. Grade A nonfat dry milk moved in the opposite direction with a decline of 2.50 cents closing at $1.30 with 15 loads traded. Class IV has traded unchanged to 10 cents higher. Butter futures are 0.47 cent lower to 2.25 cents higher. Dry whey futures are 0.52 to 1.25 cent lower. The USDA lowered 2025 milk production on the World Agricultural Supply and Demand (WASDE) report to 226.9 billion pounds.
