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 Midday Dairy Market Summary - Spot Prices Close Steady to Higher
OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 7 Higher SOYBEAN MEAL: ...
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For California, milk production continues to be seasonally stronger. However, many handlers note milk output increase paces are slowing. Som...
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Milk production in California is strong. Some handlers report a sentiment of being firmly in the peak of spring milk output. Central Valley ...
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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
