Tuesday, June 1, 2021

Tuesday Midday Dairy Market Summary - Barrels Found Some Support

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.




Tuesday Closing Dairy Market Update - Cattle Slaughter Continues to Decline

MILK: Milk futures drifted through the day before showing some aggressive buying interest into the close. The February and March Cla...