OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 2 Higher |
| SOYBEAN MEAL: | $0.30 Higher |
| LIVE CATTLE: | $0.47 Higher |
| DOW JONES: | 101 Points Higher |
| NASDAQ: | 54 Points Higher |
| CRUDE OIL: | $0.02 Lower |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged with no loads traded. There were two unfilled bids for blocks and an uncovered offer for a load of barrels. Buyers and sellers had no urgency to come together to accomplish business. The dry whey price declined 0.50 cent, closing at 57.25 with two loads traded. Class III futures are 28 cents lower to 3 cents higher. The inability of cheese prices to find aggressive buying interest and the weakness of whey set a bearish tone in the market. The butter price declined by 4.50 cents, closing at $2.5050 with 30 loads traded. There were 21 unfilled bids and six uncovered offers remaining at the close of spot trading. There was a lot of buyer interest, but at lower prices. Grade A nonfat dry milk remained unchanged at $1.2650 with three loads traded. Class IV futures have only traded in the April 2026 contract at 12 cents lower. Butter futures are 1.00 to 3.25 cents lower. Dry whey futures are 0.50 to 1.15 cents lower.
