OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 12 Lower |
| SOYBEAN MEAL: | $1.10 Lower |
| LIVE CATTLE: | $0.22 Lower |
| DOW JONES: | 266 Points Lower |
| NASDAQ: | 34 Points Higher |
| CRUDE OIL: | $1.29 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 4.50 cents, closing at $1.7950 with nine loads traded. The barrel cheese price remained unchanged at $1.76 with no loads traded. There were two unfilled bids for loads of blocks and one uncovered offer for a load of barrels remaining at the close. The dry whey price increased 1.50 cents, closing at 57.00 cents with one load traded. Class III futures are steady to 24 cents higher, with October showing the greatest strength. The butter price increased 0.50 cents, closing at $2.24 with three loads traded. Grade A non-fat dry milk slipped 0.25 cent to close at $1.2575 with five loads traded. Class IV futures are 10 to 13 cents higher. Butter futures are 1.12 to 4.20 cents higher. Dry whey futures are 0.40 to 1.90 cents higher. Cheese futures are 0.50 cent lower to 1.70 cent higher.
