Thursday, May 13, 2021

Thursday Midday Dairy Market Summary - Blocks Fall Back

Block cheese price declined 2.50 cents closing at $1.7675 with 14 loads traded. This eliminated the gains of the past two days with sellers want to move product. However, by the same token, buyers were ready to purchase what came to the market at lower prices. Barrel cheese price increased 2.50 cents closing at $1.78 with 3 loads traded. Even though barrel were higher, Class III futures are lower across the board with contracts ranging from 2 cents to 26 cents lower. Butter price increased 1.50 cents ending at $1.8650 with no loads traded. Grade A nonfat dry milk increased 0.25 cent closing at $1.31 with 4 loads traded. Dry whey price gained 0.50 cent closing at 63.50 cents with one load traded. Class IV futures 25 cents to 42 cents higher with light activity. Butter futures are 1.50 cents to 4.60 cents higher. Dry whey futures are 0.02 cent to 1.10 cents higher.



 

Fluid Milk and Cream - Western U.S. Report 2

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