Block cheese price remained unchanged at $1.49 with one load traded. Barrel cheese price declined a penny, closing at $1.49 with 18 loads traded. It was positive that the volume of loads offered did not push price any lower with buyers ready and willing to pick up what was offered. There were five unfilled still remaining at the close below the market. Butter price remained unchanged at $1.7175 with no loads traded. Grade A nonfat dry milk price increased 0.75 cents, closing at $1.2650 with three loads traded. Dry whey price remained unchanged at 57.75 with no loads traded. Class III futures are 2 cents lower to 6 cents higher. Class IV futures are 9 cents lower to 18 cents higher. Butter futures are 0.72 to 2.00 cents higher. Dry whey futures are 0.45 cent lower to 1.72 cents higher.
Monday Closing Dairy Market Update - Class III Futures Mixed
MILK Milk futures coasted during the day with traders only to see limited price movement making it difficult to scalp the market for...
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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...