OUTSIDE MARKETS SUMMARY:
| CORN: | 13 Lower |
| SOYBEANS: | 17 Lower |
| SOYBEAN MEAL: | $0.19 Lower |
| LIVE CATTLE: | $0.83 Lower |
| DOW JONES: | 61 Points Lower |
| NASDAQ: | 79 Points Lower |
| CRUDE OIL: | $0.06 Lower |
MIDDAY MARKET UPDATE:
The block cheese price fell 5.50 cents, closing at $1.72 with 10 loads traded. The barrel cheese price increased 0.250 cents, closing at $1.7825 with four loads traded. The dry whey price remained steady, closing at 51.00 cents with no loads traded. The price is down to the lowest level since July 18, 2024. Buyers are not interested in aggressively purchasing despite the low prices. Class III futures are 1 to 12 cents lower. The February contract will go off the board Tuesday. The butter price held steady at $2.3450 with 10 loads traded. Grade A nonfat dry milk remained declined 0.75 cents, closing at $1.1925 with four loads traded. Class IV futures have not yet traded Monday. Butter futures are 0.77 cent lower to 3.02 cents higher. Dry whey futures are 1.5 cents lower to unchanged.
