OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 4 Lower |
| SOYBEAN MEAL: | $2.30 Lower |
| LIVE CATTLE: | $3.00 Lower |
| DOW JONES: | 57 Points Higher |
| NASDAQ: | 73 Points Higher |
| CRUDE OIL: | $1.30 Lower |
MIDDAY MARKET UPDATE:
The block cheese price declined 1.50 cents, closing at $1.6450 with one load traded. The barrel cheese price declined 0.50 cent, closing at $1.67 with no loads traded. An offer for a load of blocks and two offers for barrels remained at the close. The dry whey price remained unchanged at 56.75 cents with no loads traded. Class III futures are 3 to 26 cents lower, with August showing the greatest loss. The butter price declined a penny, closing at $2.58 with two loads traded and an unfilled bid for one load remaining at the close of spot trading. Grade A nonfat dry milk remained unchanged at $1.2675 with no loads traded. Class IV futures have not yet been traded. Butter futures are 0.50 cent lower to 0.27 cent higher. Dry whey futures are 1.02 to 1.70 cents lower.
