Block cheese price increased 3.25 cents, closing trading at $1.8125, with three loads traded. Barrel cheese price increased 4 cents, closing at $1.45, with nine loads traded. The strength of cheese pushed September Class III futures the 75-cent daily limit up at one point but have not been able to hold that level. Futures are currently 3 cents lower to 68 cents higher. The only contract posting a loss is February. Butter price was unchanged at $1.67 with no loads traded. Grade A nonfat dry milk price increased 0.75 cent, closing at $1.27, with one load traded. Dry whey price slipped 0.25 cent, closing at 51.75, with one load traded. Class IV futures are unchanged to 4 cents lower. Butter futures are 0.80 cent to 1.62 cents higher. Dry whey futures are steady to 0.60 cent higher.
Friday Closing Dairy Market Update - Butter and Cheese Prices Showed Limited Change from Last Week
OVERVIEW: Milk futures posted a strong close in response to the increase in spot prices. Trading volume was large, with the November...
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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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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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Block cheese price climbed 7 cents to move to $1.66, although the last trade was a penny lower at $1.65. Blocks had improved volume as well...
