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 - Class III Futures Showed Further Losses
GENERAL OVERVIEW: Class III milk futures closed mixed, experiencing some pressure from the slight decline in cheese prices. Class IV...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...