Both block and barrel cheese prices remained unchanged at $1.7075 and $1.60 respectively. There was an offer for a load of blocks remaining at the close. Dry whey price increased 0.25 cent closing at 57.25 with one load traded. This provides minor support to Class III futures with contracts ranging from 5 cents lower to 7 cents higher. Most contracts are steady to higher. Butter price fell back 2.50 cents taking back most of the gain of yesterday. Price closed at $1.7275 with 16 loads traded. Grade A nonfat dry milk price declined a penny closing at $1.36 with 5 loads traded. Class IV futures have not yet traded. Butter futures are 2.00 cents lower to 0.25 cent higher. Dry whey futures are unchanged to 0.65 cent higher.
Thursday Closing Dairy Market Update - Class III and Class IV Price Spread Widens
OVERVIEW: Class III futures closed mixed, receiving little direction from the spot market. The increase in the butter price was offs...
 
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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...
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OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...

 
 
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