Block cheese price increased 2 cents, closing at $1.72 with no loads traded. Barrel gained 0.25 cent, ending at $1.4625 with no loads traded. There was a late offer placed for a load of blocks a penny higher, with no interest from the buyer to go after it. Butter price gained 3.75 cents, closing at $1.7750 with two loads traded. Grade A nonfat dry milk price remained unchanged at 41.17 with no loads traded. Dry whey price remained unchanged at 62.75 with no loads traded. Class III futures are 2 cents lower to 26 cents higher. Only December and front-month March show losses. April shows the greatest gain. Class IV futures traded 15 cents higher. Butter futures are 2.02 to 4.47 cents higher.
Tuesday Closing Dairy Market Update - Another Bearish Day
GENERAL OVERVIEW: The weakness continued in milk futures due to declines in cheese, butter, and dry whey. Buyers had no interest in ...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
