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.
Thursday Morning Dairy Market Update - Class III Futures Show Little Upside Potential
OPENING CALLS: Class III Milk Futures: Mixed Class IV Milk Futures: 2 to 5 Higher ...
-
GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
-
California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
-
GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...