Block cheese price increased 2.50 cents closing at $1.6650 with 3 loads traded. Barrel cheese price remained unchanged at $1.50 with one load traded. There was one offer for a load of blocks remaining at the close of spot trading with no unfilled bids. Buyers did not get pulled in off the sidelines due to the large increase of prices Friday. This increased the concern of the trade that the recent increase could be short-lived as buyers may not be interested in jumping on the bandwagon. Butter price increased 1.25 cents closing at $1.28 with 7 loads traded. Grade A nonfat dry milk price increased 0.50 cents with no loads traded. Dry whey price remained unchanged at 53.50 cents with no loads traded. Class III futures are 25 cents lower to 3 cents higher. May shows the greatest loss. Class IV futures are 3 cents lower. Butter futures are 0.25 cent to 1.22 cents higher. Dry whey futures are 0.15 cent to 0.25 cent lower.
Friday Closing Dairy Market Update - USDA Raises Milk Production and Reduces Milk Prices
OVERVIEW: Class III futures closed under pressure but did not fall as much as Class IV contracts did. The weakness in butter hit Cla...

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