Block cheese price increased 2 cents closing at $1.7725 with no loads traded. There were 2 unfilled bids remaining at the close suggesting further upside is possible. Barrel cheese price increased 2 cents closing at $1.49 with one load traded. An unfilled bid and an uncovered offer remained at the close. This has had no positive impact on the market with most Class III futures showing losses upwards of 15 cents. The only contract showing a gain is February at 8 cents higher. Dry whey increased a penny to 52.75 cents with no loads traded. This is the highest price it has been since August 20th. Butter price increased 0.50 cent closing at $1.79 with one load traded. Grade A nonfat dry milk price declined 1.25 cents closing at $1.3450 with 5 loads traded. Class IV futures are 7 cents to 25 cents lower. Butter futures are 0.05 cent to 1.75 cents higher. Dry whey futures are 0.25 cent lower to 1.00 cents higher.
Thursday Closing Dairy Market Update - Butter Developing a Tight Trading Range
OVERVIEW: Class III futures found support today from higher cheese prices. Butter fell back, nearly eliminating the gains of the pas...

-
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...
-
OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: Mixed B...
-
OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 6 Lower SOYBEAN MEAL: ...