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.
Friday Closing Dairy Market Update - 2024 Milk Production Lower, But Herd Size Growing
MILK: Class III milk futures lost over 80 cents on the March contract this week, while Class IV lost over $1.40 from this time last week. We...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...