OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Lower |
| SOYBEANS: | 5 Higher |
| SOYBEAN MEAL: | $0.70 Higher |
| LIVE CATTLE: | $0.30 Lower |
| DOW JONES: | 92 Points Lower |
| NASDAQ: | 348 Points Higher |
| CRUDE OIL: | $1.91 Higher |
MIDDAY MARKET UPDATE:
Both the block and barrel cheese prices remained unchanged at $1.78 and $1.77 respectively. There were no loads traded with bids and offers posted, but no willingness to move those prices. The dry whey price declined 1.25 cents, closing at 53.00 cents with one load traded. Class III futures are 6 cents lower to 6 cents higher. The butter price declined by 0.75 cent, closing at $2.3425 with two loads traded. Grade A nonfat dry milk declined 0.25 cent, closing at $1.2075 with five loads traded. Class IV futures have not yet been traded. Butter futures are 0.35 to 1.15 cents lower. Dry whey futures are 1.00 cents lower to 1.45 cents higher.
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