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.




Fluid Milk and Cream - Western U.S. Report 13

Farm level milk production is trending steady to higher in the West. In California, contacts share milk production continues to rise seasona...