OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 5 Lower |
| SOYBEAN MEAL: | $0.90 Higher |
| LIVE CATTLE: | $3.15 Higher |
| DOW JONES: | 458 Points Higher |
| NASDAQ: | 197 Points Higher |
| CRUDE OIL: | $3.31 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased by 2.25 cents to close at $1.3850 with 11 loads traded. The barrel cheese price remained unchanged at $1.39 with no loads traded. The dry whey price declined a penny, closing at 74.00 cents with one load traded. Class III futures are 2-55 cents lower. The butter price remained unchanged at $1.58 with no loads traded. There was an unfilled bid remaining at the close of spot trading. Grade A nonfat dry milk was unchanged at $1.46 with no loads traded. Class IV futures are 3 cents lower to 33 cents higher. Butter futures are 3.85 cents lower to 1.25 cents higher. Dry whey futures are 0.90 cent lower to 1.00 cents higher. Cheese futures are steady to 4.90 cents lower.
