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.
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...