OUTSIDE MARKETS SUMMARY:
CORN: | 5 Higher |
SOYBEANS: | 12 Higher |
SOYBEAN MEAL: | $4.30 Higher |
LIVE CATTLE: | $0.37 Lower |
DOW JONES: | 34 Points Higher |
NASDAQ: | 84 Points Higher |
CRUDE OIL: | $1.25 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased 2.00 cents, closing at $1.7750 with nine loads traded. The barrel cheese price slipped 0.50 cent, closing at $1.72 with one load traded. The dry whey price remained unchanged at 64.00 cents with no loads traded. Class III futures are mixed from 14 cents lower to 3 cents higher, with trading activity only through April. The butter price increased 2.50 cents, closing at $1.75 with eight loads traded. Grade A nonfat dry milk decreased 1.25 cents to close at $1.15 with 12 loads traded. Class IV futures are 6 to 22 cents higher. Butter futures are 0.22 cent lower to 5.75 cents higher. Dry whey futures are 0.50 to 1.50 cents lower. Cheese futures are 0.70 cent lower to 0.50 cent higher.