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.
Wednesday Closing Dairy Market Update - Light Trading Activity Resulted in Limited Volatility
OVERVIEW: Class III futures price movement was rather uneventful. Trading volume was very light as traders saw insufficient volatili...

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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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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...