OUTSIDE MARKETS SUMMARY:
| CORN: | 2 Higher |
| SOYBEANS: | 1 Higher |
| SOYBEAN MEAL: | $41.70 Higher |
| LIVE CATTLE: | $2.10 Lower |
| DOW JONES: | 138 Points Lower |
| NASDAQ: | 1 Point Higher |
| CRUDE OIL: | $3.08 Higher |
MIDDAY MARKET UPDATE:
The block cheese price increased by 0.5 cents to close at $1.7450 with 3 loads traded. The barrel cheese price was 0.5 cents higher at $1.7250 with no loads traded. Dry Whey decreased by 3.25 cents closing at 84.25 cents with no loads traded. Class III futures are 3 cents to 28 cents higher. The butter price decreased by 2.5 cents, closing at $1.2850 with 16 loads traded. There were 7 bids and 147 offers remaining at the close. Grade A nonfat dry milk decreased 2 cents to close at $2.0400 with 5 loads traded. Class IV futures have not yet been traded today. Butter futures are 0.4 to 1.9 cents lower. Dry whey futures are 0.85 cents lower to 0.7250 cents higher. Cheese futures are 0.1 to 1.6 cents higher. Nonfat dry milk futures are 0.3 to 1.85 cents lower.
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