OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Higher |
| SOYBEANS: | 3 Lower |
| SOYBEAN MEAL: | $2.00 Lower |
| LIVE CATTLE: | $4.12 Higher |
| DOW JONES: | 49 Points Higher |
| NASDAQ: | 110 Points Higher |
| CRUDE OIL: | $0.27 Lower |
MIDDAY MARKET UPDATE:
The block cheese price declined 0.75 cent, closing at $1.4350, and a new low for the year, with seven loads traded. The barrel cheese price declined 2.00 cents, closing at $1.50 with no loads traded. The dry whey price slipped 0.25 cent to close at 73.00 cents with two loads traded. Class III futures are 8 cents lower to 7 cents higher. The butter price gained 1.50 cents, closing at $1.46 with seven loads traded. Grade A nonfat dry milk gained 0.50 cent to close at $1.1450 with seven loads traded. Class IV futures have not yet been traded. Butter futures are 0.02 to 2.72 cents higher. Dry whey futures are 0.50 to 1.02 cents higher. Cheese futures are 0.60 cent lower to 0.30 cent higher. Today was the final trading day for November futures and options, with the Federal Order prices being announced on Wednesday.
