Block cheese price remained unchanged at $1.8025 with no loads traded. Barrel cheese price increased 0.25 cent closing at $1.8150 with 1 load traded. Butter price remained unchanged at $1.8050 with no loads traded. The light trading activity has been a bit usual relative to the past few weeks. No definite conclusions can be made by this as far as price direction is concerned. Grade A nonfat dry milk increased a penny to $1.32 with 3 loads traded. Dry whey price remained unchanged at 67.50 with one load traded. Class III futures are 8 cents lower to 15 cents higher. Both June and October post the strongest gain. Class IV futures are 4 cents higher. Butter futures are unchanged to 1.62 cents lower. Dry whey futures are unchanged to 0.52 cent lower.
Friday Closing Dairy Market Update - New Contact Highs in Milk Futures
MILK Milk futures showed strong gains this week with July and later contracts making new contract highs. The gains have been quick a...
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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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Cheese prices moved up on bids and no sales taking place. Blocks increased 0.75 cent, closing at $1.8075 and barrels increased 0.50 cent, ...
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MILK The had been some hope earlier in the week that spot prices had found a bottom and milk futures would be supported. However, th...