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 - 2024 Milk Production Lower, But Herd Size Growing
MILK: Class III milk futures lost over 80 cents on the March contract this week, while Class IV lost over $1.40 from this time last week. We...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...