OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 4 Higher |
| SOYBEAN MEAL: | $6.70 Lower |
| LIVE CATTLE: | $4.25 Lower |
| DOW JONES: | 21 Points Higher |
| NASDAQ: | 112 Points Higher |
| CRUDE OIL: | $0.29 Lower |
The block cheese price increased 1.50 cents, closing at $1.7750 with 3 loads traded. The barrel cheese price decreased 0.50 cent, closing at $1.78 with no loads traded. There were 3 unfilled bids for blocks and one uncovered offer. There were 2 uncovered offers remaining in barrels. The dry whey price increased 0.50 cent, closing at 55.50 cents with 3 loads traded. Traders are uncertain of what to do with Class III futures, ranging from 11 cents lower to 6 cents higher. The butter price increased 3.50 cents, closing at $2.0850 with no loads traded. Buyers wanted to take advantage of the lower price but were unable to get any loads purchased. There were 2 unfilled bids and 3 uncovered offers remaining at the close. Grade A nonfat dry milk increased 0.50 cent to close at $1.26 with one load traded. Class IV futures are 4 cents lower to 17 cents higher. Butter futures are 2.45 to 6.50 cents higher. Dry whey futures are 0.25 to 0.55 cent lower. Cheese futures are 0.40 to 1.20 cent lower.
