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.
Monday Closing Dairy Market Update - Milk Production Raised to 234.3 Billion Pounds
GENERAL OVERVIEW: Class III futures were mixed with contracts through mid-year lower. Futures held up well despite the weakness in u...
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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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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
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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 ...
