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.
Friday Closing Dairy Market Update - Class III Futures Showed Further Losses
GENERAL OVERVIEW: Class III milk futures closed mixed, experiencing some pressure from the slight decline in cheese prices. Class IV...
-
GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
-
California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
-
GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...
