Block cheese price fell 6.25 cents, closing at $1.52225 with just one load traded. There was an offer remaining at the close providing some indication as to the weakness of the market. Barrel cheese price declined 1.25 cents, closing at $1.3725 with six loads traded. There was on unfilled bid remaining at the close. This moves price down to the lowest level it has been since Aug. 24, 2020. Class III futures are again under pressure with most contracts lower. Futures range from 31 cents lower to 3 cents higher with only December and June showing gains. September shows the greatest loss of 31 cents. Butter price increased 1.50 cents, closing at $1.3725 with nine loads traded. Grade A nonfat dry milk price increased 0.75 cent, closing at $1.2375 with one load traded. Dry whey price slipped 0.50 cent, ending at 53.25 cents with three loads traded. Class IV futures are 6 to 13 cents lower. Butter futures are 0.75 cent lower to 0.92 cent higher. Dry whey futures are 0.75 to 1.45 cents lower.
Strong supplies pressures prices
Global and domestic milk production remains strong entering 2026, with ample supplies continuing to weigh on market sentiment. Nearly all ma...
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For California, milk production continues to be seasonally stronger. However, many handlers note milk output increase paces are slowing. Som...
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Milk production in California is strong. Some handlers report a sentiment of being firmly in the peak of spring milk output. Central Valley ...
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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
