Block cheese price remained unchanged with no loads traded. An offer was placed early in spot trading with the seller unwilling to lower the offer. No buyer showed up to do any business. Barrel cheese price declined 6.75 cents, closing at $1.4025 with six loads traded. Sellers wanted to move product and were aggressive at offering lower. There was one uncovered offer remaining at the close. Butter price increased 0.75 cent, closing at $1.7075 with one load traded. Grade A nonfat dry milk price increased 0.75 cent, closing at $1.2925 with two loads traded. Dry whey declined 0.50 cent, ending at 50 cents with no loads traded. Class III futures are 28 cents lower to 4 cents higher. May is the only contract posting a gain. Class IV futures are 3 cents lower to 10 cents higher. Butter futures are 1 to 1.50 cents higher. Dry whey futures are 0.57 to 0.87 cents lower.
Friday Closing Dairy Market Update - Cheese Futures Make a New Weekly Low
GENERAL OVERVIEW: It was a tough week for cheese futures. Thursday's low futures prices brought the lowest prices we've seen ...
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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, weekly milk production is trending higher and 2025 year-over-year milk output gaps are steadily narrowing. However, some han...
