Wednesday, September 1, 2021

Wednesday Midday Dairy Market Summary - Spot Butter and Cheese Inactive

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.




Tuesday Closing Dairy Market Update - Cattle Slaughter Continues to Decline

MILK: Milk futures drifted through the day before showing some aggressive buying interest into the close. The February and March Cla...