Tuesday, August 31, 2021

Tuesday Midday Dairy Market Summary - Milk Futures Post Gains

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.




Wednesday Closing Dairy Market Update - July Class Milk Prices Fall From A Year Ago

OVERVIEW: Milk futures generally close lower for both Class III and Class IV contracts. The weakness in Class IV futures is understa...