Block cheese price remained unchanged at $1.5525 with no loads traded. No buyers or sellers showed up to the market. Barrel cheese price came under pressure declining 1.75 cents closing at $1.4850 with 2 loads traded. There were 3 unfilled bids and 1 uncovered offer remaining at the close. Butter price remained unchanged at $1.74 with no loads traded. Grade A nonfat dry milk price declined 1.50 cents ending at $1.2450 with one load traded. Dry whey price declined penny to 55 cents with one load traded. This moves whey price to the lowest level it has been since Feb. 25. Class III futures are 1-30 cents lower with August holding the most losses. Class IV futures are steady to one cent lower. Butter futures are 0.17 cent to 1.15 cents lower. Dry whey futures are 0.25 cent to 0.72 cent higher.
Monday Midday Dairy Market Summary - Block Cheese Narrows the Gap
OUTSIDE MARKETS SUMMARY: CORN: 8 Higher SOYBEANS: 27 Higher SOYBEAN MEAL: ...
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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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Cheese prices moved up on bids and no sales taking place. Blocks increased 0.75 cent, closing at $1.8075 and barrels increased 0.50 cent, ...
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MILK The had been some hope earlier in the week that spot prices had found a bottom and milk futures would be supported. However, th...