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.
Thursday Morning Dairy Market Update - Traders Remain Uncertain Over Market Strength
OPENING CALLS: Class III Milk Futures: 2 to 5 Lower Class IV Milk Futures: 5 to 10 Higher ...
-
California milk production is seasonally decreasing but still supplying the needs of dairy commodity manufacturers. Processors report milk a...
-
GENERAL OVERVIEW: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
-
OUTSIDE MARKETS SUMMARY: CORN: 2 Higher SOYBEANS: 5 Lower SOYBEAN MEAL: ...