Both blocks and barrel cheese prices remained unchanged at $1.71 and $1.38 respectively. No buyers or sellers showed up to do any business. Butter followed the same pattern with price remaining unchanged at $1.7650 with no loads traded. There was an offer posted up at $1.82 with no other interest from anyone else. Grade A nonfat dry milk showed some activity with price increasing 1.25 cents closing at $1.3325 with 3 loads traded. Dry whey price declined 1.25 cents closing at 48.50 cents with 2 loads traded. This moved price back down to the level it was about a month ago. It was the weakness of dry whey that turned Class III milk futures lower. Futures are 19 cents lower to 4 cents higher. Class IV futures are 5 cents lower to 8 cents higher. Butter futures are 1.15 cents lower to 1.00 cents higher. Dry whey futures are steady. The July Federal Order prices will be announced Wednesday.
Friday Closing Dairy Market Update - Fundamentals Limit Price Potential
GENERAL OVERVIEW: Milk futures closed steady to higher, except for the nearby January contract. There was no reason for Class III fu...
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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
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For California, milk production continues to be seasonally stronger. However, many handlers note milk output increase paces are slowing. Som...
