OUTSIDE MARKETS SUMMARY:
| CORN: | Unchanged |
| SOYBEANS: | 4 Lower |
| SOYBEAN MEAL: | $1.60 Lower |
| LIVE CATTLE: | $0.20 Lower |
| DOW JONES: | 121 Points Lower |
| NASDAQ: | 20 Points Lower |
| CRUDE OIL: | $0.33 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased 5.25 cents to close at $1.4425 with three loads traded. The barrel cheese price remained unchanged at $1.4525 with no loads traded. The dry whey price set a new record high, climbing 2.5 cents, closing at 88.50 cents with no loads traded. Class III futures are mixed from 8 to 49 cents higher. The butter price was unchanged, closing at $1.270 with no loads traded. Grade A nonfat dry milk fell 1 cent to close at $2.26 with eight loads traded. Class IV futures are 20 cents higher on the November contract, the only contract that has been traded so far Tuesday. Butter futures are 0.45 to 2.25 cents higher. Dry whey futures are unchanged to 0.10 cents higher. Cheese futures are 0.7 to 4.7 cents higher. Nonfat dry milk futures are 0.95 to 4.825 cents lower.
