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.
Thursday Closing Dairy Market Update - Class III Futures Showed Further Losses
GENERAL OVERVIEW: Class III milk futures lost further ground today as the weakness in block cheese pressured futures. Class IV futur...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...
