OUTSIDE MARKETS SUMMARY:
| CORN: | 4 Lower |
| SOYBEANS: | 10 Lower |
| SOYBEAN MEAL: | $3.60 Lower |
| LIVE CATTLE: | $0.15 Lower |
| DOW JONES: | 187 Points Higher |
| NASDAQ: | 33 Points Higher |
| CRUDE OIL: | $1.13 Higher |
MIDDAY MARKET UPDATE:
The block cheese price decreased by 6 cents to close at $1.62 with 11 loads traded. The barrel cheese price declined 2 cents to close at $1.6650 with no loads traded. Dry whey increased 2 cents to close at 89 cents with 1 load traded. Class III futures are trading 12 to 19 cents lower. The butter price decreased by 2.5 cents, closing at $1.2325 with 3 loads traded. Grade A nonfat dry milk decreased 2.25 cents to close at $2.05 with 9 loads traded. Class IV futures have not yet been traded today. Butter futures are 0.5 to 1.9 cents lower. Dry whey futures are mixed, trading 0.075 cents lower and 0.8 cents higher. Cheese futures are 0.1 to 3.1 cents lower. Nonfat dry milk futures are 0.275 cents lower to 1.775 cents higher.
