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 - Large Volume of Butter Changes Hands This Week
GENERAL OVERVIEW: Class IV futures felt the weight of lower spot prices, while Class III futures held up well overall. The block chee...
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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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MILK Class III milk futures have finished a very volatile week as emotions ran high as a result of the outside influence of the stimul...