OUTSIDE MARKETS SUMMARY:
| CORN: | 5 Lower |
| SOYBEANS: | 7 Lower |
| SOYBEAN MEAL: | $4.50 Lower |
| LIVE CATTLE: | $0.30 Lower |
| DOW JONES: | 2 Points Lower |
| NASDAQ: | 304 Points Higher |
| CRUDE OIL: | $1.58 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased 1 cent to close at $1.7400 with 6 loads traded. The barrel cheese price was unchanged at $1.7200 with no loads traded. Dry Whey was unchanged at 84.25 cents with 1 load traded. Class III futures are 1 cent to 23 cents higher. The butter price increased by 1 cent, closing at $1.3100 with 8 loads traded. Grade A nonfat dry milk was unchanged at $2.0600 with no loads traded. Class IV futures are 13 cents higher. Butter futures are 0.2 cents lower to 2 cents higher. Dry whey futures are 0.05 to 0.5 cents lower. Cheese futures are 0.1 to 2.2 cents higher. Nonfat dry milk futures are 1.52 to 2.55 cents higher.
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