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 - 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...