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.




Friday Closing Dairy Market Update - Week of Spot Excitement, Dairy Outlook

GENERAL OVERVIEW: This week's spot market has been the main feature to watch as cheese rallies, Dry whey sets new all-time highs, ...