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.
Wednesday Closing Dairy Market Update - November Dairy Cattle Slaughter Falls Substantially From October
GENERAL OVERVIEW: The trading volume was exceptionally thin today as expected. Class III futures closed lower with activity not repr...
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OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...
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MILK: Milk futures declined for the week, but not as much as should have been seen according to the drop in the spot cheese and butt...
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For California, weekly milk production is trending higher and 2025 year-over-year milk output gaps are steadily narrowing. However, some han...