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 Closing Dairy Market Update - Class IV Futures Close at New Contract Highs
GENERAL OVERVIEW: It was a strong end to the week. Class III futures closed lower for the week while Class IV futures closed higher. ...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
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MILK: Milk futures declined for the week, but not as much as should have been seen according to the drop in the spot cheese and butt...
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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...
