OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 4 Higher |
| SOYBEAN MEAL: | $6.80 Higher |
| LIVE CATTLE: | $2.62 Lower |
| DOW JONES: | 143 Points Lower |
| NASDAQ: | 74 Points Higher |
| CRUDE OIL: | $0.39 Higher |
MIDDAY MARKET UPDATE:
The block cheese price declined 5.74 cents, closing at $1.7675 with one load traded. The barrel cheese price declined 1.50 cents, closing at $1.8050 with no loads traded. There were three uncovered offers for blocks and one uncovered offer for barrels. No unfilled bids remained at the close of spot trading. The dry whey price increased a penny, closing at 71.00 cents with no loads traded. Class III futures are 23 cents lower to 2 cents higher. The butter price gained 3.75 cents, closing at $1.61 with 16 loads traded. Grade A nonfat dry milk slipped 0.75 cent to close at $1.1325 with no loads traded. Class IV futures are 12 cents lower to 11 cents higher. Butter futures are 0.20 to 3.17 cents higher. Dry whey futures are 1.50 cents lower to 1.00 cent higher. Cheese futures are 3.10 cents lower to 0.30 cent higher.
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