Block cheese price remained steady at $1.49 with no loads traded. Barrel cheese price gained a penny closing at $1.50 with no loads traded. Three unfilled bids remained for barrels at the close, which could indicate further gains possible. Butter price declined 1.25 cents closing at $1.7175 with no loads traded. Grade A nonfat dry milk price remained unchanged at $1.2575 with 2 loads traded. Dry whey price declined 1.75 cents closing at 57.75 cents with no loads traded. This moves the dry whey price down to the lowest level since March 3rd. Class III futures are 2 cents to 32 cents lower with September showing the greatest loss. Class IV futures are 6 cents to 25 cents lower. Butter futures are 0.77 cent to 3.00 cents lower. Dry whey futures are 1.00 cent to 2.67 cents lower. USDA will release the May Livestock Slaughter report Thursday.
Tuesday Morning Dairy Market Update - Limited Trade Activity Expected
OPENING CALLS: Class III Milk Futures: 2 to 5 Lower Class IV Milk Futures: Mixed ...
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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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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...