Friday, October 22, 2021

Friday Midday Dairy Market Summary - Milk Futures Mixed Despite Cheese Price Increases

Block cheese prices lead the way Friday with price increasing 5 cents and closing at $1.81. This puts price near the top end of the range it has been in since late last year. There was one load traded. Barrel cheese price increased 0.25 cent, closing at $1.8625 with eight loads traded. Butter price slipped a penny to $1.8350 with three loads traded. Dry whey price increased 0.75 cent with no loads traded. Grade A nonfat dry milk price increased a penny, closing at $1.5375 with one load traded. Class III futures are 38 cents lower to 8 cents higher. The largest decline is in the November contract. Class IV futures are 9 cents lower to 15 cents higher. Butter futures are 1.37 cents lower to 1.00 cents higher. Dry whey futures are 0.02 to 1.10 cents higher. USDA will release the September Cold Storage report Friday afternoon.




Tuesday Midday Dairy Market Summary - Butter Finds More Aggressive Buyer Interest

OUTSIDE MARKETS SUMMARY: CORN: 1 Higher SOYBEANS: 5 Higher SOYBEAN MEAL: ...