Block cheese price rose 2.50 cents to close at $1.8150 with 1 load traded. Barrel cheese fell 1.50 cents, closing at $1.4625 with 5 loads traded. Butter price had a 1.75 raise to close at $1.8025, having 8 loads traded. Nonfat dry milk futures increased 1 cent, whereas cash prices decreased .25 cents, closing at $1.3550 with 1 load traded. There were no changes for dry whey, and no trades, staying at $0.5300. Class III milk futures are 0.23 cents higher. Butter futures are up 0.50 cents. Dry whey futures are 0.75 cents higher.
Friday Closing Dairy Market Update - USDA Raises Milk Production
MILK: Class III milk futures suffered a large setback in response to the decline in cheese prices. Despite the decline, the block ch...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...