OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 17 Higher |
| SOYBEAN MEAL: | $4.30 Higher |
| LIVE CATTLE: | $1.45 Higher |
| DOW JONES: | 107 Points Higher |
| NASDAQ: | 15 Points Higher |
| CRUDE OIL: | $0.12 Lower |
MIDDAY MARKET UPDATE:
The block cheese price remained steady at $1.6250 with six loads traded. The barrel cheese price remained steady at $1.65 with no loads traded. There were five unfilled bids and one uncovered offer for blocks remaining at the close of spot trading. No buyers or sellers showed up for barrels. The dry whey price remained unchanged at 57.25 with no loads traded. Class III futures are 4 cents lower to 21 cents higher. The butter price declined a penny, closing at $2.53 with five loads traded. Grade A nonfat increased 0.50 cent, closing at $1.28 with 12 loads traded. Class IV futures have only shown trading in the December contract, with the price down 2 cents. Butter futures are 1.00 cents lower to 1.02 cents higher. Dry whey futures are 0.95 cent lower to 0.20 cent higher.
