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.
Thursday Closing Dairy Market Update - The July Class I Price is $21.33
GENERAL OVERVIEW: Class III ended the short trading week mixed. Class IV futures closed with double-digit gains. The July advanced Cl...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
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MILK: Milk futures declined for the week, but not as much as should have been seen according to the drop in the spot cheese and butt...
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For California, noted milk production differences for this week compared to last week are mixed. Some handlers in California indicate milk p...
