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.
Thursday Morning Dairy Market Update - Traders Will Be Cautious Ahead of Spot Trading
OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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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...
