Cheese prices just cannot get a break. Increasing prices cannot establish a higher trend as those price increases have been short-lived. Blocks declined 4 cents closing at $1.71 with 3 loads traded. Barrel cheese price declined 3.75 cents closing at $1.3650 with 6 loads traded. Butter futures gained 0.75 cent closing at $1.7150 with 9 loads traded. Grade A nonfat dry milk price increased a penny to $1.3025 with no loads traded. Dry whey price slipped 0.25 cent closing at 49.75 with no loads traded. Class III futures are unchanged to 11 cents lower. Class IV futures are 5 cents lower to 8 cents higher. Butter futures are 1.07 cents lower to 0.40 cent higher. Dry whey futures are 0.50 cent lower. Tuesday is the last trading day for August futures and options.
Thursday Closing Dairy Market Update - Markets Mixed
GENERAL OVERVIEW: Class III futures traded lower, while Class IV futures were unchanged to slightly higher. Cheese futures fall later...
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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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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...
