Block cheese price declined 2 cents closing at $1.51 with 10 loads traded and 1 unfilled bid below the market. Barrel cheese price increased 0.50 cent closing at $1.5750 with 6 loads traded. Butter price declined 2 cents closing at $1.79 with 6 loads traded. Grade A nonfat dry milk price gained 0.25 cent ending at $1.2950 with 3 loads traded. Dry whey price declined 2.25 cents closing at 60 cents with 2 loads traded. This is the lowest dry whey price since March 16. Class III futures are mostly lower with price ranging from 16 cents lower to 10 cents higher. The only gain is taking place in June. Class IV futures are 14 cents lower. Butter futures are 0.25 cent to 1.22 cents lower. Dry whey futures are 0.75 cent to 1.25 cents lower.
Friday Closing Dairy Market Update - A Strong Close to the Week
GENERAL OVERVIEW: It was another very strong day for milk futures. Higher spot prices supported futures prices. Butter had a large v...
-
California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
-
GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
-
OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
