Block cheese price increased a penny to $1.82 with no loads traded. Barrel price slipped 0.25 cent closing at $1.86 with no loads traded. Butter price increased 3 cents closing at $1.8650 with no loads traded. This is the highest butter price has been since May 21. Grade A nonfat dry milk price remained unchanged at $1.5375 with one load traded. Dry whey price increased 0.75 cent closing at 62.50 with one load traded. Class III futures are 30 cents lower to 6 cents higher. November 2021 shows the greatest decline while November 2022 shows the greatest increase. Class IV futures are 7 cents lower to 2 cents higher. Butter futures are 0.50 cent to 3.05 cents higher. Dry whey futures are 0.25 cent to 1.20 cents lower.
Friday Closing Dairy Market Update - 2024 Milk Production Lower, But Herd Size Growing
MILK: Class III milk futures lost over 80 cents on the March contract this week, while Class IV lost over $1.40 from this time last week. We...
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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...