Block cheese price slipped closing at $1.79 with no loads traded. Two unfilled offers remained for blocks at the close of spot trading. Barrel price increased 1.75 cents closing at $1.51 with 7 loads traded. All those who came to do business went home satisfied leaving no unfilled bids or offers. Dry whey price remained unchanged at 53.50 cents. Butter price remained unchanged at $1.79 with no loads traded. Grade A nonfat dry milk price increased 2 cents settling at $1.35 with 4 loads traded. It was yet another day during which at least one category of product on the spot market declined. Class III futures are once cent lower to 5 cents higher. Class IV futures are unchanged. Butter futures are 2.55 cents lower to 1.05 cents higher. Dry whey futures are 0.20 cent lower to 0.05 cent higher.
Wednesday Closing Dairy Market Update - American Cheese Output Declines from a Year Ago
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...
