Block cheese price closed 0.25 cent higher ending at $1.77 with 5 loads traded. Barrels closed 0.50 cent lower at $1.69 with 5 loads traded. Both of these moved lower before buyers came back in and moved it higher limiting the losses in the barrels and pushing it back up in the blocks. Butter buyers were more aggressive pushing price 3 cents higher closing at $1.8125 with 3 loads traded. Grade A nonfat dry milk price remained steady at $1.3225 with no loads traded. Dry whey price also remained steady at 62.75 with 1 load traded. Class III futures are 1 cent to 19 cents higher. Class IV futures are 9 cents higher. Grain futures are roaring back from Monday's losses, possibly generating some spillover buying in milk futures. Butter futures are 0.52 cent to 3.00 cents higher. Dry whey futures are 0.40 cent lower to 1.00 cents higher.
Strong supplies pressures prices
Global and domestic milk production remains strong entering 2026, with ample supplies continuing to weigh on market sentiment. Nearly all ma...
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For California, milk production continues to be seasonally stronger. However, many handlers note milk output increase paces are slowing. Som...
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Milk production in California is strong. Some handlers report a sentiment of being firmly in the peak of spring milk output. Central Valley ...
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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
