OUTSIDE MARKETS SUMMARY:
| CORN: | 10 Lower |
| SOYBEANS: | 10 Lower |
| SOYBEAN MEAL: | $2.30 Lower |
| LIVE CATTLE: | $0.52 Lower |
| DOW JONES: | 233 Points Higher |
| NASDAQ: | 150 Points Higher |
| CRUDE OIL: | $3.31 Lower |
MIDDAY MARKET UPDATE:
Block cheese could not find support with buyers still holding out for lower prices. The price declined 1.50 cents, closing at $1.65 with two loads traded. The barrel price remained steady at $1.6575 with no loads traded. The dry whey price remained unchanged at 57.00 cents with no loads traded. The weakness of blocks put further pressure on Class III futures, with contracts unchanged to 21 cents lower. The butter price gained 2.50 cents, closing at $2.5250 with three loads traded. Grade A nonfat dry milk remained unchanged at $1.26 with no loads traded. Class IV futures are steady to 5 cents lower. Butter futures are 0.75 to 3.32 cents lower. Dry whey futures are 0.35 to 0.52 cents lower.
