OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 8 Lower |
| SOYBEAN MEAL: | $1.30 Lower |
| LIVE CATTLE: | $1.00 Higher |
| DOW JONES: | 175 Points Higher |
| NASDAQ: | 225 Points Higher |
| CRUDE OIL: | $0.64 Lower |
MIDDAY MARKET UPDATE:
The block cheese price slipped 0.25 cent, closing at $1.6825 with no loads traded. The barrel cheese price remained unchanged at $1.64 with no loads traded. Buyers did not show up at the spot market, with only sellers posting offers. There was no follow-through buying from Wednesday. The dry whey price increased 2.00 cents, closing at 63.00 cents with two loads traded. Class III futures are mixed, ranging from 11 cents lower to 7 cents higher. The butter price slipped 0.50 cent, closing at $1.8050 with seven loads traded. There were three unfilled bids and 12 uncovered offers remaining at the close. Grade A milk remained unchanged at $1.1450 with nine loads traded. Class IV futures are 5 lower to 37 cents higher. Butter futures are 1.60 cents lower to 5.00 cents higher. Dry whey futures are 0.65 cent lower to 1.00 cents higher. Cheese futures are 2.00 cents lower to 0.70 cent higher.
