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 Closing Dairy Market Update - November Dairy Cattle Slaughter Falls Substantially From October
GENERAL OVERVIEW: The trading volume was exceptionally thin today as expected. Class III futures closed lower with activity not repr...
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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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For California, weekly milk production is trending higher and 2025 year-over-year milk output gaps are steadily narrowing. However, some han...