OUTSIDE MARKETS SUMMARY:
CORN: | Steady |
SOYBEANS: | 1 Lower |
SOYBEAN MEAL: | $4.50 Lower |
LIVE CATTLE: | $0.20 Lower |
DOW JONES: | 358 Points Higher |
NASDAQ: | 169 Points Higher |
CRUDE OIL: | $0.54 Higher |
MIDDAY MARKET UPDATE:
The block cheese price remained steady at $1.61, with 17 loads traded. There were three unfilled bids and one uncovered offer remaining at the close. The barrel cheese price increased a penny, closing at $1.6375 with one load traded, one unfilled bid and one uncovered offer remaining. The dry whey price increased a penny, closing at 57.75 cents with no loads traded. Class III futures are 2 cents lower to 20 cents higher. The butter price increased 1.75 cents, closing at $2.5375 with seven loads traded. Grade A nonfat dry milk remained unchanged at $1.25 with no loads traded. Class IV futures are 6 cents lower to 9 cents higher. Butter futures are 1.50 cents lower to 2.17 cents higher. Dry whey futures are 0.70 to 1.25 cents higher.