Block cheese price remained unchanged at $1.17 with no loads traded. Barrel cheese price increased 1.50 cents, closing at $1.38 with no loads traded. Butter price increased 5 cents, closing at $1.7650 with 14 loads traded. Grade A nonfat dry milk price increased 1.75 cents with two loads traded. Dry whey price remained unchanged at 49.75 with no loads traded. Class III futures are 1 to 24 cents higher. Class IV futures are 3 to 27 cents higher. Butter futures are 2.00 to 4.02 cents higher. Dry whey futures are steady. Grain futures are under significant pressure due to the impact of the hurricane on shipping. USDA will release the July Agricultural Prices report Tuesday afternoon.
Friday Closing Dairy Market Update - Class III Futures Close Lower for the Week
GENERAL OVERVIEW: Milk futures closed with mostly double-digit gains. Class III futures closed mostly higher despite weakness in the b...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
