Block cheese price initially moved to $1.81 or 2 cents higher before buyer interest was satisfied and an offer moved price back down to end with a gain of a penny with 2 loads traded. Barrel cheese price initially increased 0.25 cent before an offer pushed price down 1.25 cents to $1.54 with 2 loads traded. Only offers for cheese remained at the close of trading. Class III futures were higher with some contracts posting double-digit gains until spot cheese traded. Futures then lost ground with most contracts moving lower in closer months. Futures are currently 20 cents lower to 11 cents higher. Butter price remained steady at $1.7150 with no loads traded. Grade A nonfat dry milk gained 0.25 closing at $1.1725 with no loads traded. Dry whey price increased 0.25 closing at 59.50. Class IV futures are 10 cents to 11 cents higher. Butter futures are 0.60 cent lower to 1.70 cents higher. Dry whey futures are 0.20 cent lower to 0.13 cent higher.
Tuesday Closing Dairy Market Update - Weakness Dominates Milk Futures
OVERVIEW: Class III milk futures did not keep pace with the spot price increases but were quick to decline when there was weakness i...

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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...
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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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Block cheese price climbed 7 cents to move to $1.66, although the last trade was a penny lower at $1.65. Blocks had improved volume as well...