Block cheese price declined a penny closing at $1.79 with no loads traded. Barrel cheese price declined 3.75 cents closing at $1.4525 with 5 loads traded. Price did initially decline 4.75 cents before bouncing back a penny into the close. It has not been a very good week for barrels. Butter price declined 4.50 cents closing at $1.6650 with 3 loads traded. Grade A nonfat dry milk price declined 1.25 cents closing at $1.1525 with one load traded. Dry whey price remained steady at 61.25 cents with no loads traded. Class III futures are 21 cents lower to 9 cents higher. Class IV futures have not yet traded. Butter futures are 1.00 cent to 3.00 cents lower. Dry whey futures are 0.50 cent lower to 1.48 cents higher.
Friday Midday Dairy Market Summary - Butter and Cheese Prices Bounce
OUTSIDE MARKETS SUMMARY: CORN: 6 Higher SOYBEANS: 15 Higher SOYBEAN MEAL: ...
-
MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
-
OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
-
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...