OUTSIDE MARKETS SUMMARY:
| CORN: | 20 Higher |
| SOYBEANS: | 39 Higher |
| SOYBEAN MEAL: | $2.40 Higher |
| LIVE CATTLE: | $0.02 Lower |
| DOW JONES: | 77 Points Higher |
| NASDAQ: | 187 Points Lower |
| CRUDE OIL: | $1.37 Higher |
MIDDAY MARKET UPDATE:
Both block and barrel cheese remained unchanged at $1.5550 for both categories. There were no loads traded. The dry whey price increased 0.50 cent to close at 69.00 cents with no loads traded. Even though no price change was seen for cheese, and dry whey increased slightly, Class III futures are mostly lower. Contracts range from 17 cents lower to 5 cents higher. The butter price remained steady at $1.64 with 26 loads traded. Grade A nonfat dry milk slipped 0.25 cent to close at $2.27 with no loads traded. Class IV futures are 6-7 cents lower, with trading activity only taking place in the October and November contracts. Butter futures are 3.22 cents lower to 0.22 cent higher. Dry whey futures are 0.07 cent lower to 0.37 cent higher. Cheese futures are 1.80 cents lower to 0.30 cent higher.
