OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Lower |
| SOYBEANS: | 12 Lower |
| SOYBEAN MEAL: | $3.70 Lower |
| LIVE CATTLE: | $1.95 Higher |
| DOW JONES: | 429 Points Higher |
| NASDAQ: | 96 Points Lower |
| CRUDE OIL: | $2.95 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 12.25 cents to close at $1.6525 with one load traded. There were eight bids remaining at the close. The barrel cheese price finally moved for the first time in nearly a month to increase 11.75 cents to close at $1.5700 with no loads traded. There were 12 bids outstanding by the close. The dry whey price set a new record high again Thursday, at 89.0 cents, an increase of 0.50 cents. There were two loads traded. Class III futures are 10 to 48 cents higher. The butter price closed 4 cents higher at $1.3450 with four loads traded. There were four bids and 85 offers remaining at the close. Grade A nonfat dry milk fell 6 cents to close at $2.15 with six loads traded. Class IV futures are 17 to 39 cents lower. Butter futures are 0.5 to 2.025 cents higher. Dry whey futures are 0.4 to 1.975 cents lower. Cheese futures are 0.1 to 5.2 cents higher. Nonfat dry milk futures are 3.475 to 5.425 cents lower.
