Block cheese price declined 1.50 cents, closing at $1.80 with no loads traded. An uncovered offer remained at the close. Barrel price increased 2.50 cents, closing at $1.4875 with two loads traded. Dry whey price declined 0.50 cent, closing at 52.50 cents with one load traded. This put pressure on Class III futures with prices ranging from 23 cents lower to 1 cent higher. Trade has been limited to only seven futures contract months. Butter price increased 2.50 cents, closing at $1.8275 with five loads traded. Grade A nonfat dry milk declined 2.25 cents, closing at $1.3325 with three loads traded. Class IV futures are unchanged to 15 cents lower. Butter futures are 0.50 to 3.25 cents higher. Dry whey futures are 0.75 to 1.00 cent lower.
Friday Closing Dairy Market Update - Loads and Loads of Butter
GENERAL OVERVIEW : Butter traded 161 loads this week as prices slipped on average 2.6 cents. Buyers flocked to the table to fill inv...
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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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For California, noted milk production differences for this week compared to last week are mixed. Some handlers in California indicate milk p...
