OUTSIDE MARKETS SUMMARY:
| CORN: | 8 Higher |
| SOYBEANS: | 11 Higher |
| SOYBEAN MEAL: | $0.35 Higher |
| LIVE CATTLE: | $0.325 Lower |
| DOW JONES: | 168 Points Lower |
| NASDAQ: | 215 Points Higher |
| CRUDE OIL: | $0.41 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 0.25 cent to close at $1.5775 with three loads traded. The barrel cheese price remained unchanged at $1.5750 with no loads traded. The dry whey price remained unchanged at 71.00 cents with no loads traded. Class III futures are trading 3 to 29 cents higher. The butter price remained unchanged at $1.79 with no loads traded. Grade A nonfat dry milk increased 2.50 cents to close at $2.1650 with three loads traded, breaking records nearly every day. Class IV futures are 21 to 27 cents higher. Butter futures are 1.80 cent lower to 4.445 cents lower. Dry whey futures are 0.475 cent lower to 0.40 cent higher. Cheese futures are 2.20 cent to 2.40 cent higher.
