Block cheese price declined a penny, closing at $1.70 with no loads traded; an offer moved price lower with no buyers to be found. Barrel cheese price declined 1.75 cents, closing at $1.47 with one load traded. Price initially increased 1.25 cents to $1.50 where the load was traded. Offers then kept pushing price lower into the close. There were no unfilled bids at the close. This moved Class III futures quickly lower with contracts posting losses of 3 to 28 cents. Butter price slipped 0.25 cent, ending at $1.70 with no loads traded. Grade A nonfat dry milk price gained 1.50 cents, closing at $1.2850 with no loads traded. Dry whey price declined a penny, closing at 50.50 cents with one load traded. Class IV futures are 3 to 8 cents higher. Butter futures are 0.25 cent lower to 2 cents higher. Dry whey futures are 0.67 cent higher,
Tuesday Closing Dairy Market Update - Walmart Opens Third Milk Processing Facility
GENERAL OVERVIEW: At least there was some life in milk futures today. Class III futures increased, correcting from the large declines...
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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, noted milk production differences for this week compared to last week are mixed. Some handlers in California indicate milk p...
