OUTSIDE MARKETS SUMMARY:
CORN: | 2 Higher |
SOYBEANS: | Unchanged |
SOYBEAN MEAL: | $3.00 Lower |
LIVE CATTLE: | $1.37 Higher |
DOW JONES: | 156 Points Higher |
NASDAQ: | 129 Points Higher |
CRUDE OIL: | $0.34 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 3 cents, closing at $1.6050 with seven loads traded. The barrel cheese price slipped 0.50 cent closing at $1.5650 with one load traded. There were three unfilled bids for loads of blocks with one uncovered offer and an unfilled bid for a load of barrels remained at the close. The dry whey price increased a penny closing at 47 cents with one load traded. Class III futures are 2 cents lower to 24 cents higher. The butter price remained steady at $2.2950 with no loads traded and two uncovered offers remaining at the close. Grade A nonfat dry milk remained unchanged at $1.1550 with no loads traded. Class IV futures are 6 cents lower. Butter futures are 0.90 cent lower to 1.00 cents higher. Dry whey futures are 0.75 cent lower to 0.80 cent higher.