Thursday, August 5, 2021

Thursday Midday Dairy Market Summary - Dry Whey Jumps

Block cheese price remained unchanged at $1.6350 with no loads traded. Again, no buyers or sellers showed up to do any business. Barrel cheese price declined 0.75 cents ending at $1.3075 with one load traded. There was one unfilled bid and two uncovered offers remaining at the close. Butter price increased 5 cents closing at $1.6550 with no loads traded. Grade A nonfat dry milk price increased 0.25 cent closing at $1.2550 with 6 loads traded. Dry whey price increased 6.25 cents closing at 53.756 cents with 2 loads traded. Class III futures are 3-33 cents higher with November showing the greatest gain. Class IV futures are 2 cents lower. Butter futures are 0.87 cent to 2.50 cents higher. Dry whey futures are 1.25 cents 3.10 cents higher.




Tuesday Closing Dairy Market Update - Milk Futures Close Under Pressure

MILK Class III milk futures saw substantial price swings from overnight trade to the closing of the day trade. Traders took advantag...