Thursday, April 1, 2021

Thursday Midday Dairy Market Summary - Cheese Gains Strength

Block cheese price moved up 3.75 cents to end at $1.7750 with two loads traded. Weekly trading volume for blocks was 11 loads. Barrel cheese price increased 3 cents to close at $1.5125 with four loads traded. The loads of barrel cheese traded Thursday were they only loads traded for the week. Butter price added 2.75 cents to close at $1.8450 with seven loads traded. Weekly volume for butter was 19 loads traded. Grade A nonfat dry milk price gained 0.50 cent to end at $1.19 with four loads traded. Nonfat dry milk had eight loads traded for the week. Dry whey price was steady at $0.66 with no trades. Dry whey had four loads traded for the week. Class III futures are a bit mixed now, ranging from 4 cents lower to 15 cents higher. Class IV futures are 5 to 20 cents higher. Butter futures are 1.50 cents lower to 0.15 cent higher. Dry whey futures are 1.05 cents to 2.50 cents higher.




Monday Closing Dairy Market Update - Milk Futures Showed Limited Volatility

MILK: There has been no change in the fundamental news over the weekend, with the spot markets having the sole impact on the futures...