OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 6 Higher |
| SOYBEAN MEAL: | $1.20 Higher |
| LIVE CATTLE: | $1.97 Lower |
| DOW JONES: | 248 Points Higher |
| NASDAQ: | 204 Points Higher |
| CRUDE OIL: | $1.54 Higher |
MIDDAY MARKET UPDATE:
The block cheese price declined 1.50, closing at $1.3150 with two loads traded. There were two unfilled bids and one uncovered offer remaining at the close. The barrel cheese price remained unchanged at $1.40 with no loads traded and no bids or offers posted. The dry whey price remained unchanged at 70.00 cents with no loads traded. Class III futures are 6 cents lower to 12 cents higher. Futures have fallen back from their highs due to the weakness of blocks, but still retain gains as traders have covered short positions ahead of the weekend. The butter price slipped 0.25 cent to close at $1.30 with two loads traded. Grade A nonfat dry milk gained 1.75 cents to close at $1.2650 with five loads traded. This is the highest price since Aug. 19, 2025. Class IV futures have not yet been traded. Butter futures are 0.60 lower to 2.00 cents higher. Dry whey futures are 0.75 cent lower to 1.00 cents higher. Cheese futures are 0.50 cent lower to 0.40 cent higher.
