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.
Tuesday Morning Dairy Market Update - Limited Trade Activity Expected
OPENING CALLS: Class III Milk Futures: 2 to 5 Lower Class IV Milk Futures: Mixed ...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...