Block cheese price slowly increased closing at $1.59, up 2 cents with only 1 load traded. Barrel cheese price remained unchanged and no loads traded. An unfilled bid was placed at the steady price with no interest shown from sellers. Butter price declined 2.25 cents closing at $1.4650 with one load traded. There were no unfilled bids or uncovered offers remaining at the close. Grade A nonfat dry milk price increased 0.50 cents with 1 load traded. Dry whey price slipped 0.25 cent ending at 54.50 cents with no loads traded. Class III futures are 2 cents to 25 cents higher with June posting the greatest gain. Trading is light with March the only month trading above 100 contracts. Class IV futures have not yet traded. Butter futures are 0.97 cent lower to 1.00 cents higher. Dry whey futures are steady to 0.95 cent higher.
Wednesday Midday Dairy Market Summary - Cheddar Blocks Rally 5.50 Cents
OUTSIDE MARKETS SUMMARY: CORN: 3 Lower SOYBEANS: 5.75 Higher SOYBEAN MEAL: ...
-
GENERAL OVERVIEW: Milk futures closed with mostly double-digit gains. Class III futures closed mostly higher despite weakness in the b...
-
OUTSIDE MARKETS SUMMARY: CORN: 25 Lower SOYBEANS: 14 Lower SOYBEAN MEAL: ...
-
GENERAL OVERVIEW: The USDA released the October WASDE report today, lowering expected milk production for 2026 and 2027, while simulta...
