OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Higher |
| SOYBEANS: | 16 Higher |
| SOYBEAN MEAL: | $3.70 Higher |
| LIVE CATTLE: | $1.25 Higher |
| DOW JONES: | 594 Points Lower |
| NASDAQ: | 311 Points Lower |
| CRUDE OIL: | $7.85 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 0.25 cent to close at $1.5125 with 10 loads traded. The barrel cheese price remained unchanged at $1.5125 with no loads traded. The dry whey price increased a penny to close at 65.00 cents with no loads traded. Class III futures are 3 cents lower to 15 cents higher. The butter price remained steady at $1.8525 with no loads traded. The Grade A nonfat dry milk price jumped 4.25 cents to close at $1.7650 with two loads traded. Class IV futures are 11 cents lower to 29 cents higher. Butter futures are steady to 5.87 cents lower despite the spot butter price remaining steady. Dry whey futures are 0.25-1.25 cents higher. Cheese futures are 0.50 cent lower to 0.80 cent higher.
