OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Higher |
| SOYBEANS: | 24 Higher |
| SOYBEAN MEAL: | $5.00 Higher |
| LIVE CATTLE: | $0.65 Higher |
| DOW JONES: | 153 Points Lower |
| NASDAQ: | 27 Points Higher |
| CRUDE OIL: | $5.13 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased a penny, closing at $1.86 with five loads traded. The barrel cheese price increased 0.25 cent, closing at $1.80 with no load traded. No sellers showed up to do any business in barrels, leaving three unfilled bids. There were two unfilled bids remaining for blocks. The dry whey price increased 0.50 cent, closing at 58.50 cents with one load traded. Class III futures are 2 cents lower to 28 cents higher. The butter price decreased 1.50 cents, closing at $2.34 with 14 loads traded. There were two unfilled bids and four uncovered offers remaining at the close. Grade A nonfat dry milk decreased 0.75 cent, closing at $1.2575 with seven loads traded. Class IV futures have only traded in the September contract at 17 cents lower. Butter futures are 0.02 to 2.97 cents lower. Dry whey futures are steady. Cheese futures are 0.60 cent lower to 2.00 cents higher.
