OUTSIDE MARKETS SUMMARY:
| CORN: | 6 Lower |
| SOYBEANS: | 7 Lower |
| SOYBEAN MEAL: | $3.80 Lower |
| LIVE CATTLE: | $0.62 Lower |
| DOW JONES: | 363 Points higher |
| NASDAQ: | 107 Points Higher |
| CRUDE OIL: | $5.37 Higher |
MIDDAY MARKET UPDATE:
Both block and barrel cheese prices remained unchanged at $1.4750 and $1.4400 respectively. Trading activity was strong in blocks, with 12 loads changing hands. The price only fluctuated by 0.25 cent during the course of trading. The dry whey price slipped 0.50 cent to close at 69.50 cents. Class III futures are 13 cents lower to 11 cents higher. The butter price increased 0.25 cent to close at $1.6700 with one load traded. Grade A nonfat dry milk increased 4.00 cents to close at $2.13 with 3 loads traded. Class IV futures are 10-48 cents higher.
Butter futures are 0.82 cent lower to 7.55 cents higher. Dry whey futures are 0.25 -- 0.50 cent lower. Cheese futures are 0.50 cent lower to 1.20 cents higher.
