OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Lower |
| SOYBEANS: | 3 Higher |
| SOYBEAN MEAL: | $1.00 Lower |
| LIVE CATTLE: | $0.77 Higher |
| DOW JONES: | 744 Points Higher |
| NASDAQ: | 306 Points Higher |
| CRUDE OIL: | $9.00 Lower |
MIDDAY MARKET UPDATE:
The block cheese price declined 0.75 cent to close at $1.6550 with no loads traded. There were two unfilled bids and one uncovered offer remaining at the close of spot trading. The barrel cheese price increased 0.25 cent to close at $1.5725 with no loads traded. The dry whey price remained unchanged at 66.00 cents with no loads traded. Class III futures are 2 cents lower to 19 cents higher. The butter price declined 2.50 cents to close at $1.7750 with 14 loads traded. There were six unfilled bids and no offers remaining at the close. Grade A nonfat dry milk gained 0.75 cent to close at $1.8775 with three loads traded. Class IV futures are steady to 46 cents higher. Butter futures are 0.30-3.60 cents lower. Dry whey futures are steady to 1.67 cents higher. Cheese futures are 0.20 cent lower to 1.70 cents higher.
