How to use MySQL prepared statement caching?

Class.forName("com.mysql.jdbc.Driver");
Connection conn = DriverManager.getConnection("jdbc:mysql://127.0.0.1:3306/mydb" +
        "?cachePrepStmts=true", "user", "pass");
for (int i = 0; i < 5; i++) {
    PreparedStatement ps = conn.prepareStatement("select * from MYTABLE where id=?");
    ps.setInt(1, 1);
    ps.execute();
}
conn.close()

Connection conn = DatabaseUtil.getConnection();
PreparedStatement stmtUpdate = conn.prepareStatement("UPDATE foo SET bar=? WHERE id = ?);
for(int id=0; id<10; id++){
    stmtUpdate.setString(1, "baz");
    stmtUpdate.setInt(2, id);
    int rows = stmtUpdate.executeUpdate();
// Clear parameters for reusing the preparedStatement
stmtUpdate.clearParameters();
}
conn.close();