Friday, October 8, 2021

Friday Midday Dairy Market Update - Spot Prices Stay on the Upside

Barrel cheese closed at $1.7900, moving up 2.25 cents with 3 loads traded. Blocks remained at $1.8100 with no loads traded. Nonfat dry milk rose 1.75 cents, closing at $1.4600 with 4 loads traded. Butter futures are 1.25 cents to 2.5 cents higher. Spot price gained 2.25 cents to close at $1.7200 with 14 loads traded. Dry whey is down 2.5 cents up to 3 cents higher. There was no change in spot price, remaining at $0.5950. Class III milk futures are 2 cents to 3 cents higher. Class IV milk is 19 cents higher.




Friday Closing Dairy Market Update - October Milk Production Increased 3.7%

GENERAL OVERVIEW: Class III milk futures closed under pressure due to the declining cheese and dry whey prices. October milk producti...