OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Lower |
| SOYBEANS: | 13 Higher |
| SOYBEAN MEAL: | $6.80 Higher |
| LIVE CATTLE: | $1.82 Higher |
| DOW JONES: | 295 Points Lower |
| NASDAQ: | 48 Points Higher |
| CRUDE OIL: | $0.40 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 2.50 cents to close at $1.5775 with three loads traded. The barrel cheese price increased 0.25 cent, closing at $1.5750. The dry whey price increased 0.50 cent to close spot trading at 70.50 cents with no loads traded. Class III futures are 1 cent lower to 30 cents higher. The butter price increased as penny to close at $1.7475 with 10 loads traded. Grade A nonfat dry milk gained 5.50 cents to close at $2.1150 with seven loads traded. There is no slowing down the demand for nonfat dry milk. Record highs are being made daily. Class IV futures are 15-75 cents higher. Butter futures are 0.12 cent lower to 4.25 cents higher. Dry whey futures are 0.20-1.00 cents higher. Cheese futures are 0.70-3.20 cents higher.
