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 - A Strong Close to the Week for Dairy Market
MILK Milk futures had an incredible week with Class III futures ending with the June through October contracts moving above $19.00. ...
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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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Cheese prices moved up on bids and no sales taking place. Blocks increased 0.75 cent, closing at $1.8075 and barrels increased 0.50 cent, ...
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MILK The had been some hope earlier in the week that spot prices had found a bottom and milk futures would be supported. However, th...