OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 3 Higher |
| SOYBEAN MEAL: | $0.80 Lower |
| LIVE CATTLE: | $1.45 Higher |
| DOW JONES: | 155 Points Higher |
| NASDAQ: | 97 Points Higher |
| CRUDE OIL: | $2.25 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 3.00 cents, closing at $1.59 with no loads traded. There were six unfilled bids, with no uncovered offers. The barrel cheese price increased 1.00 cents, closing at $1.54 with no loads traded. There was one unfilled bid and no uncovered offer remaining. The dry whey price remained unchanged at 66.00 cents with no loads traded. Class III futures are unchanged to 25 cents higher. The butter price remained steady at $1.85 with 17 loads traded. There were five unfilled bids and five uncovered offers remaining at the close of spot trading. Grade A nonfat dry milk increased 0.50 cent to close at $1.80 with one load traded. Class IV futures are 16 cents lower to 20 cents higher. Butter futures are taking a beating, ranging from 0.15-4.00 cents lower. Dry whey futures are 0.25-0.75 cent higher. Cheese futures are 0.10 cent lower to 2.00 cents higher.
