OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 4 Higher |
| SOYBEAN MEAL: | $4.10 Higher |
| LIVE CATTLE: | $3.55 Higher |
| DOW JONES: | 138 Points Higher |
| NASDAQ: | 142 Points Higher |
| CRUDE OIL: | $0.47 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 0.25 cent to close at $1.8250 with seven loads traded. The barrel price remained unchanged at $1.82 with no loads traded. Buyers did show up at the spot market today with unfilled bids remaining at the close. The dry whey price was unchanged at 70.00 cents with no loads traded. Class III futures are 8 cents lower to 12 cents higher. The butter price slipped 0.75 cents, closing at $1.5550 with no loads traded. There was an unfilled bid and eight uncovered offers remaining at the close. Grade A nonfat dry milk declined 2.00 cents to close at $1.1625 with no loads traded. Class IV futures are 4 to 16 cents lower. Butter futures are 1.25 to 3.75 cents lower. Dry whey futures are 0.45 to 1.50 cents higher. Cheese futures are 1.20 cents lower to 1.00 cents higher.
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