Block cheese price increased 2.25 cents, closing at $1.6525 with 8 loads traded. Barrel cheese price increased 2.25 cents, closing at $1.4575 with 5 loads traded. There was an unfilled bid for a load of blocks and a load of barrels. Butter price increased 3 cents, closing at $1.4750 with 8 loads traded. Grade A nonfat dry milk price increased 0.50 cent, ending at $1.1425 with one load traded. Dry whey price remained unchanged at 46.75 with no loads traded. Class III futures are 5 cents lower to 36 cents higher. Front-month December shows the only loss while February shows the greatest gain. Futures are well off their highs but retain nice gains. If futures can hold into the close, it will be the highest close for February through June contracts. Class IV futures have not yet traded. Butter futures are 0.67 to 2.00 cents higher. Dry whey futures are 0.95 cent lower to 0.10 cent higher.
Friday Closing Dairy Market Update - Class III Milk Futures Close Higher for the Week
GENERAL OVERVIEW: Cheese prices were lower, but Class III futures held up well. Traders seem to have a sense that the market may fin...
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For California, weekly milk production is trending higher and 2025 year-over-year milk output gaps are steadily narrowing. However, some han...
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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
