Friday, March 26, 2021

Friday Midday Diary Market Summary - Butter Outpaces Cheese

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.




December Milk Production up 4.6 percent

December Milk Production up 4.6 percent         Milk production in the 24 major States during December totaled 18.8 billion pounds, up 4.6 p...