Block cheese price increased 0.25 cent settling at $1.71 with 2 loads traded. Barrel cheese price increased 2 cents closing at $1.62 with 3 loads traded. There were no unfilled bids or uncovered offers remaining at the close. Butter price increased 1.75 cents closing at $1.7450 with 11 loads traded. There were bids or offers remaining at the close. Grade A nonfat dry milk price remained unchanged at $1.36 with no loads traded. Dry whey price remained steady at 57.25 with no loads traded. Monday was one of those rare days lately during which there were no categories of the spot market that showed a decline. Class III futures are 4 cents lower to 17 cents higher. Class IV futures are 1 cent to 6 cents lower. Butter futures are 0.20 cent to 0.50 cent lower. Dry whey futures are steady to 1 cent higher.
Friday Closing Dairy Market Update - Class III Futures Showed Further Losses
GENERAL OVERVIEW: Class III milk futures closed mixed, experiencing some pressure from the slight decline in cheese prices. Class IV...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...
