OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Higher |
| SOYBEANS: | 32 Higher |
| SOYBEAN MEAL: | $8.40 Higher |
| LIVE CATTLE: | $1.80 Higher |
| DOW JONES: | 19 Points Lower |
| NASDAQ: | 41 Points Higher |
| CRUDE OIL: | $0.01 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 1.75 cents, closing at $1.5575 with 16 loads traded. The price did move up to $1.5675 at one point during the trading period but could not hold that price. The barrel cheese price decreased 3.00 cents, closing at $1.6125 with no loads traded. Barrels continue to follow the pattern of limited to no trading activity. The dry whey price increased 0.50 cent, closing at 78.50 with one load traded. Class III futures are 6 cents lower to 11 cents higher. The butter price decreased 2.50 cents, closing at $1.55 with two loads traded. Grade A nonfat dry milk increased 1.25 cents with six loads traded. Class IV futures have not yet been traded. Butter futures are 0.70 to 3.97 cents lower. Dry whey futures are 0.72 cent lower to 0.12 cent higher. Cheese futures are 0.10 cent lower to 1.30 cents higher.
