OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 5 Lower |
| SOYBEAN MEAL: | $0.40 Higher |
| LIVE CATTLE: | $2.15 Higher |
| DOW JONES: | 31 Points Higher |
| NASDAQ: | 385 Points Higher |
| CRUDE OIL: | $3.11 Lower |
MIDDAY MARKET UPDATE:
The block cheese price increased by 0.5 cents to close at $1.5725 with 1 load traded. The barrel cheese price was unchanged to close at $1.70 with no loads traded. Dry whey increased 1 cent to close at 85.0 cents with no loads traded. Class III futures are trading 1 cent lower to 22 cents higher. The butter price decreased by 0.5 cents, closing at $1.26 with no load traded. There were 2 bids and 36 offers remaining at the close. Grade A nonfat dry milk decreased 1.5 cents to close at $2.1825 with 2 loads traded. Class IV futures are unchanged. Butter futures are mixed trading from 0.975 cents lower to 0.625 cents higher. Dry whey futures have not yet traded. Cheese futures are 0.3 to 2 cents higher. Nonfat dry milk futures are 0.3 to 2.7 cents higher.
