Block cheese price increased 2.25 cents, closing at $1.83 with 16 loads traded. It was as if the floodgates opened and buyers continued to find sellers willing to meet their bids. That was interesting as buying and selling interest has been very limited for weeks. What is more interesting is that there were only 2 offers for blocks remaining at the close of spot trading. Barrel cheese price jumped 10.75 cents, closing at $1.6925 with six loads traded. Price did move up another 0.50 cent before it slipped back at the close. No unfilled bids or offers remained. Butter pushed higher, posting a gain of 3.50 cents and closing at $1.88 with three loads traded. Grade A nonfat dry milk price remained unchanged at $1.2050 with no loads traded. Dry whey price slipped a penny ending at 63 cents with one load traded. USDA estimated milk production this year to reach 227.7 billion pounds, up 400 million pounds from their previous estimate.
Friday Closing Dairy Market Update - Milk Supply Is Increasing Worldwide
OVERVIEW: Class III milk futures took a hit with contracts closing at new lows. This is really getting serious as there seems to be ...

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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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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...