OUTSIDE MARKETS SUMMARY:
| CORN: | 1 Lower |
| SOYBEANS: | Mixed |
| SOYBEAN MEAL: | $0.03 Lower |
| LIVE CATTLE: | $2.65 Lower |
| DOW JONES: | 168 Points Lower |
| NASDAQ: | 215 Points Higher |
| CRUDE OIL: | $2.25 Higher |
MIDDAY MARKET UPDATE:
The block cheese price decreased 0.75 cent to close at $1.57 with no loads traded. The barrel cheese price remained unchanged at $1.5750 with no loads traded and no bids or offers on the table. The dry whey price decreased 3 cents closing at 68.00 cents with no loads traded but three offers and one bid left unfulfilled at the close. Class III futures are trading 10 to 38 cents lower. The butter price fell 5.25 cents, closing at $1.7375 with three loads traded. Grade A nonfat dry milk increased 1.75 cents to close at $2.1825 with three loads traded, breaking records nearly every day, with more likely to come as there were 10 bids remaining at the close trying to buy product and only one offer. Class IV futures are 3 to 28 cents lower. Butter futures are 2.575 cent lower to 5.375 cents lower. Dry whey futures are 1.175 cent lower to 2.675 cent lower. Cheese futures are 0.9 cents to 2.1 cents lower.
