OUTSIDE MARKETS SUMMARY:
CORN: | 4 Lower |
SOYBEANS: | 2 Lower |
SOYBEAN MEAL: | $1.40 Higher |
LIVE CATTLE: | $2.22 Higher |
DOW JONES: | 258 Points Higher |
NASDAQ: | 40 Points Lower |
CRUDE OIL: | $0.47 Higher |
MIDDAY MARKET UPDATE:
The block cheese price declined 3.00 cents, closing at $1.7650 with 12 loads traded and three unfilled bids remaining at the close of spot trading. The barrel cheese price gained 0.25 cent, closing at $1.6650 with no loads traded and one unfilled bid remaining. The dry whey price increased 0.50 cent, closing at 67.00 cents with one load traded. Class III futures are 3 to 23 cents lower. The butter price remained steady at $1.58 with three loads traded. Grade A nonfat dry milk increased 0.50 cent to close at $1.1150 with one load traded. Class IV futures are 14 to 26 cents lower. Butter futures are 0.47 to 7.02 cents lower. Dry whey futures are 0.25 to 0.72 cent higher. Cheese futures are 2.00 cents lower to 0.60 cent higher.