OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 5 Lower |
| SOYBEAN MEAL: | $4.50 Lower |
| LIVE CATTLE: | $1.40 Higher |
| DOW JONES: | 224 Points Higher |
| NASDAQ: | 167 Points Higher |
| CRUDE OIL: | $0.55 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 0.75 cent, closing at $1.6650 with 11 loads traded. There have been 35 loads traded so far this week. The barrel cheese price increased by 3.75 cents, closing at $1.6975 with three loads traded. There were two unfilled bids for blocks and three unfilled bids for barrels remaining at the close of spot trading. There were four uncovered offers for loads of barrels remaining. The dry whey price slipped 0.50 cent, closing at 49 cents with two loads traded. Class III futures are 8 cents lower to 7 cents higher with very light trading activity. The butter price remained unchanged at $2.34 with seven loads traded. Grade A nonfat dry milk remained unchanged at $1.1725 with three loads traded. Class IV futures have not yet been traded. Butter futures are 3.12 cents lower to 0.25 cent higher. Dry whey futures are unchanged to 0.52 cent lower.
