OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Lower |
| SOYBEANS: | 1 Higher |
| SOYBEAN MEAL: | $2.40 Higher |
| LIVE CATTLE: | $0.17 Lower |
| DOW JONES: | 308 Points Higher |
| NASDAQ: | 58 Points Lower |
| CRUDE OIL: | $1.06 Lower |
MIDDAY MARKET UPDATE:
The block cheese price fell 5 cents to close at $1.4750 with three loads traded. This is the lowest price since April 4. The barrel price remained unchanged at $1.5825 with no loads traded. The dry whey price declined 2 cents, closing at 74.00 cents with three loads traded. Class III futures are 20 cents lower to 3 cents higher. The butter price declined 3 cents to close at $1.43 with three loads traded. This is the lowest price since Feb. 12, 2021. Grade A nonfat dry milk slipped 0.25 cent, closing at $1.16 with five loads traded. Class IV futures are 10-15 cents lower. Butter futures are 0.27 to 3.50 cents lower. Dry whey futures are 0.97 cent lower to 0.85 cent higher. Cheese futures are 0.10 to 2.10 cents lower.
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