OUTSIDE MARKETS SUMMARY:
| CORN: | 3 Lower |
| SOYBEANS: | 5.75 Higher |
| SOYBEAN MEAL: | $2.40 Higher |
| LIVE CATTLE: | $0.90 Higher |
| DOW JONES: | 175 Points Higher |
| NASDAQ: | 520 Points Higher |
| CRUDE OIL: | $1.23 |
MIDDAY MARKET UPDATE:
The block cheese price increased by 5.50 cents to close at $1.680 with 1 load traded. The barrel cheese price was down 1.50 cents to close at $1.850 with no loads traded. Dry whey increased 3.5 cents to close at 87 cents with no loads traded. Class III futures are trading 22-54 cents higher. The butter price increased by 0.75 cents, closing at $1.2575 with 0 loads traded. Grade A nonfat dry milk decreased 7.75 cents to close at $2.0725 with 11 loads traded. Class IV futures have not yet been traded Wednesday. Butter futures are 1.5 to 2.55 cents lower. Dry whey futures have unchanged to 0.50 cents higher. Cheese futures are 2 cents higher to 3.8 cents higher. Nonfat dry milk futures are 0.6 to 1.75 cents lower.
