OUTSIDE MARKETS SUMMARY:
| CORN: | 9 Lower |
| SOYBEANS: | 1 Lower |
| SOYBEAN MEAL: | $7.80 Lower |
| LIVE CATTLE: | $1.85 Higher |
| DOW JONES: | 384 Points Higher |
| NASDAQ: | 307 Points Higher |
| CRUDE OIL: | $1.08 Lower |
MIDDAY MARKET UPDATE:
The block cheese price declined 5.75 cents, closing at $1.78 with 11 loads traded. The barrel cheese price declined 4.50 cents, closing at $1.79 with no loads traded. Lower prices are unable to stimulate aggressive buying interest. The dry whey price declined 0.50 cents to 54.75 cents with one load traded. Class III futures are 20 cents lower to 6 cents higher. The butter price increased 2.25 cents, closing at $2.5925 with one load traded. Grade A nonfat dry milk increased 0.25 cent, closing at $1.27 with one load traded. Class IV futures are steady to 5 cents lower. Butter futures are 0.87 cent lower to 2.50 cents higher. Dry whey futures are 0.05 to 0.30 cent higher.
