Block cheese price declined 3 cents closing at $1.75 with no loads traded with an offer remaining at the close. Barrel cheese price declined 1.25 cents closing at $1.7775 with 2 loads traded. Dry whey price remained unchanged with no loads traded. The weakness of cheese did not have an impact on Class III futures as contracts were mixed prior to spot trading and remain mixed after spot trading. Contracts range from 13 cents lower to 8 cents higher. Butter price increased 2.50 cents closing at $1.80 with 8 loads traded. Grade A nonfat dry milk price increased 0.75 cents to $1.54 with 3 loads traded. Class IV futures are steady to 8 cents higher. Butter futures are 0.22 cent to 1.75 cents higher. Dry whey futures are 0.25 cent to 1.25 cents higher.
Friday Closing Dairy Market Update - July Fluid Milk Sales Increase 0.2%
GENERAL OVERVIEW: Class III futures closed the week lower, with Class IV futures mixed. Class III futures closed the week at new contr...
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GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...