Block cheese price slipped 0.25 cent closing at $1.80 with 7 loads traded. Sellers seemed intent on moving supplies. One unfilled bid remained at the close. Barrel cheese price increased 2 cents closing at $1.8350 with 2 loads traded. Butter price declined 5.25 cents closing at $1.7525 with 9 loads traded. Grade A nonfat dry milk gained 0.50 cent ending at $1.3250 with 9 loads traded. Dry whey price declined 1.50 cents closing at 66 cents with one load trade. Class III futures are mixed ranging from 7 cents lower to 7 cents higher. Class IV futures have not yet traded. Butter futures are 1.20 -- 2.75 cents lower. Dry whey futures are 0.05 -- 0.90 cent lower. USDA will release the March Agricultural Prices report Friday, providing average prices of commodities that will be used to determine income over feed.
Friday Closing Dairy Market Update - Cheese Spot Volatility
GENERAL OVERVIEW: The spot market for cheese blocks has driven the headlines this week. A volatile week with big gains and losses only...
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GENERAL OVERVIEW: Milk futures closed with mostly double-digit gains. Class III futures closed mostly higher despite weakness in the b...
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OUTSIDE MARKETS SUMMARY: CORN: 25 Lower SOYBEANS: 14 Lower SOYBEAN MEAL: ...
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GENERAL OVERVIEW: The USDA released the October WASDE report today, lowering expected milk production for 2026 and 2027, while simulta...
