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.
Thursday Closing Dairy Market Update - Markets Mixed
GENERAL OVERVIEW: Class III futures traded lower, while Class IV futures were unchanged to slightly higher. Cheese futures fall later...
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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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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...
