OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Higher |
| SOYBEANS: | Mixed |
| SOYBEAN MEAL: | $0.24 Lower |
| LIVE CATTLE: | $0.15 Higher |
| DOW JONES: | 498 Points Higher |
| NASDAQ: | 72 Points Lower |
| CRUDE OIL: | $0.86 Higher |
MIDDAY MARKET UPDATE:
Block cheese price fell 2.75 cents to $1.6325 with 10 loads traded. Cheese barrels fell 2.25 cents with no loads traded and only one offer remaining, closing at 1.6750. The dry whey price rallied another 2 cents today, closing at 75 cents with one load traded. There were two bids and one offer left standing at the close. Class III futures are 5 cents to 38 cents lower. The butter price pulled back a penny from Monday's rally, closing at $1.50 with three loads traded. There was one bid and five offers unfulfilled at the close. Grade A nonfat dry milk was up 1 cent at $1.1550 with one load traded. Class IV futures have not yet been traded. Butter futures are 2 cents lower to 0.10 cents higher. Dry whey futures are 0.125 cents lower to 1 cent higher. Cheese futures are 0.8 cent to 4.4 cents lower.
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