Block cheese price remained unchanged at $1.5050 with no loads traded. Only an offer was posted at the steady price with no buyers to be found. Barrel cheese price declined 0.75 cent, closing at $1.6575 with no loads traded. Two offers were posted with no interest shown from buyers. This put pressure on Class III futures with added pressure from a lower dry whey price. Dry whey declined 2.25 cents, closing at $1.60 with one load traded. This pushed Class III futures down as far as 32 cents in the July contract. Futures are 32 cents lower to 4 cents higher with gains confined to two contracts in 2022. Butter declined 1.75 cents, closing at $1.8050 with one load traded. Grade A nonfat dry milk price declined 2.75 cents, closing at $1.28 with eight loads traded. Price did initially move down to $1.2775 before buying interest brought it back up off the low. This put some pressure on Class IV futures with contracts 12 to 16 cents lower. Butter futures and dry whey futures are 0.50 to 2.30 cents lower.
Thursday Closing Dairy Market Update - Milk Futures Closed Mixed on Price Uncertainty
OVERVIEW: Traders had little to determine price direction today. Traders are remaining cautious after initially thinking underlying ...

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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...
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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
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In California, milk production is weaker. However, handlers indicate recent herd health challenges have somewhat subsided. Stakeholders conv...