Block cheese price declined 1.50 cents closing at $1.7950 with 3 loads traded. Barrel cheese price declined 2.50 cents closing at $1.7650 with no loads traded. Butter price remained unchanged at $1.72 with 15 loads traded. Grade A nonfat dry milk price remained unchanged at $1.46 with 3 loads traded. Dry whey price remained unchanged at 59.50 cents with no loads traded. Class III futures were higher in most contracts prior to spot trading with November reaching $19.00 at one point. Class IV futures have not yet traded. Butter futures are unchanged to 0.95 cent higher. Dry whey prices are mixed ranging from 0.52 cent lower to 0.15 cent higher.
Wednesday Midday Dairy Market Update - Butter Shows More Weakness
OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 7 Lower SOYBEAN MEAL: ...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...