OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Lower |
| SOYBEANS: | 5 Higher |
| SOYBEAN MEAL: | $0.10 Lower |
| LIVE CATTLE: | $0.225 Higher |
| DOW JONES: | 546 Points Lower |
| NASDAQ: | 17 Points Higher |
| CRUDE OIL: | $3.40 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 1 cent to close at $1.7350 with one load traded. The barrel cheese price was unchanged at $1.7200 with no loads traded. Dry whey was unchanged at 84.25 cents with no loads traded. Class III futures are 45 cents lower to 29 cents higher. The butter price increased by 1 cent, closing at $1.3400 with one load traded. Grade A nonfat dry milk decreased 4 cents to close at $2.0950 with five loads traded. Class IV futures have not yet been traded Friday. Butter futures are 0.275 to 1.05 cents lower. Dry whey futures are unchanged to 0.575 cents lower. Cheese futures are 0.275 cents to 0.5750 cents lower. Nonfat dry milk futures are 3.4 to 4 cents lower.
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