Monday, October 11, 2021

Monday Midday Dairy Market Summary - Cheese Prices Decline

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.




Thursday Closing Dairy Market Update - Milk Futures Close Higher But Lack Conviction

OVERVIEW: Milk futures found more strength as the day progressed. More price volatility increased trading activity. The underlying c...