OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Lower |
| SOYBEANS: | 1 Lower |
| SOYBEAN MEAL: | $0.30 Lower |
| LIVE CATTLE: | $0.35 Higher |
| DOW JONES: | 13 Points Lower |
| NASDAQ: | 74 Points Higher |
| CRUDE OIL: | $0.25 Higher |
MIDDAY MARKET UPDATE:
The block cheese price gained 2.25 cents, closing at $1.88 with five loads traded. The barrel cheese price remained steady at $1.86 with no loads traded. The dry whey price slipped 0.25 cent, closing at 57.75 cents with no loads traded. Traders did not get excited about blocks regaining some of the loss from Friday, looking at the market movement as just normal business being done. Class III futures are 3 cents lower to 6 cents higher. The butter price declined 0.50 cent, closing at $2.55 with 10 loads traded. Grade A nonfat dry milk gained 0.25 cent, closing at $1.2650 with six loads traded. Class IV futures are 20 to 21 cents lower. Butter futures are 1.37 to 4.15 cents lower. Dry whey futures are unchanged to 0.35 cent lower.
