OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Lower |
| SOYBEANS: | 3 Lower |
| SOYBEAN MEAL: | $0.30 Lower |
| LIVE CATTLE: | $0.92 Lower |
| DOW JONES: | 61 Points Lower |
| NASDAQ: | 90 Points Higher |
| CRUDE OIL: | $2.70 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased 4.00 cents to close at $1.6650 with 13 loads traded. There were five unfilled bids remaining at the close and no offers. The barrel cheese price increased 2.25 cents, closing at $1.6450 with no loads traded and no sellers showing up during spot trading. Grade A nonfat dry milk remained unchanged at 64.75 cents with one load traded. Class III futures are unchanged to 26 cents higher, with December posting the greatest gain. The butter price increased 4.00 cents, closing at $1.76 with 18 loads traded. Grade A nonfat dry milk increased 0.50 cent to close at $1.16 with one load traded. Class IV futures have not yet been traded. Butter futures are 0.50 to 5.27 cents higher. Dry whey futures are 0.50 to 1.60 cents higher. Cheese futures are steady to 2.50 cents higher.
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