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.
Friday Closing Dairy Market Update - Class III Futures Close Lower for the Week
GENERAL OVERVIEW: Milk futures closed with mostly double-digit gains. Class III futures closed mostly higher despite weakness in the ...
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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 ...
