| CORN: | 4 Lower |
| SOYBEANS: | 22 Lower |
| SOYBEAN MEAL: | $6.90 Lower |
| LIVE CATTLE: | $1.92 Higher |
| DOW JONES: | 207 Points Higher |
| NASDAQ: | 27 Points Lower |
| CRUDE OIL: | $1.66 Lower |
Class III futures showed early strength, but that was quickly reduced when the block cheese price fell back. Block cheese declined 4 cents with eight loads traded. The barrel cheese price remained unchanged at $1.8050 with no loads traded. There was an unfilled bid for a load of blocks and a load of barrels with an uncovered offer for a load of barrels remaining at the close. The dry whey price declined at penny closing at 61 cents with no loads traded. The weakness of dry whey is a concern as it puts significant pressure on the market. Class III futures are 5 cents lower to 8 cents higher. The butter price declined 2 cents closing at $2.41 with two loads traded. This is the lowest price for the year and since June 27, 2023. Grade A nonfat dry milk remained unchanged at $1.34 with three loads traded. Class IV futures are 21 cents lower to 10 cents higher. Butter futures are 1.00 to 3.47 cents lower. Dry whey futures are 0.32 lower to 1.00 cents higher.
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