Block cheese price declined 1.75 cents, closing at $1.5925 on an offer and no bids. Barrel cheese price gained 0.75 cent, closing at $1.40 with 4 loads traded. Barrel price was initially 3.75 cents higher before selling became more aggressive near the close, resulting in price falling back from its high. Butter came under significant selling pressure with price falling 8 cents, closing at $1.28 with just 1 load traded. This moves the price to the level of May 7, 2020, Grade A nonfat dry milk price declined 2.50 cents closing at $1.1375 with 13 loads traded. Dry whey took a large hit with price down 4.25 cents closing at 49.25 cents with 3 loads traded. Class III futures are 3 to 57 cents lower. Class IV futures are 30 to 39 cents lower. Butter futures are 0.80 to 4.12 cents lower. Dry whey futures are 2.50 to 3.75 cents lower.
Friday Closing Dairy Market Update - Cheese Prices Reach a Peak, While Butter Finds Support
OVERVIEW: It was a volatile week for the cash cheese and milk futures contracts. Cheese prices reached a temporary peak, while butte...

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In California, milk production is weaker. However, handlers indicate recent herd health challenges have somewhat subsided. Stakeholders conv...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...
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OUTSIDE MARKETS SUMMARY: CORN: 6 Lower SOYBEANS: 8 Higher SOYBEAN MEAL: ...