Block cheese price increased 0.25 cents ending at $1.8025 with 5 loads traded. Barrel cheese price increased 2.50 cents closing at $1.8450 with 7 loads traded. Butter price declined a penny to $1.7350 with 9 loads traded. There were a number of unfilled bids under the market with buyers waiting for lower prices. Buyers are not aggressive as supplies are readily available. Grade A nonfat dry milk price increased 1.75 cents closing at $1.3775 with 10 loads traded. Dry whey price gained 0.25 cent ending at 64.75 cents with 2 loads traded. Class III futures remain mixed with contracts ranging from 11 cents lower to 10 cents higher. Class IV futures have not yet traded. Butter futures are 2.50 cents lower to 0.68 cent higher. Dry whey futures are 0.77 cent lower to 0.10 cent higher. Dairy exports in March increased 24.2%.
Tuesday Midday Dairy Market Summary - Butter Shows Further Weakness
OUTSIDE MARKETS SUMMARY: CORN: 1 Higher SOYBEANS: 2 Lower SOYBEAN MEAL: ...
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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...
