Block cheese price increased a penny closing at $1.8075 with 2 loads traded. Barrel cheese price increased 0.25 cent closing at $1.7925 with one load traded. Dry whey price increased 0.50 cent closing at 59 cents with no loads traded. The combination of these has resulted in Class III futures post gains of 2 cents to 14 cents with November showing the greatest gain. Butter price remained unchanged at $1.69 with no loads traded. Grade A nonfat dry milk price increased 1.75 cents closing at $1.4175 with 5 loads traded. This moves nonfat dry milk price to the highest level it has been since Aug. 14, 2014. Class IV futures are 2 cents to 14 cents higher. Butter futures are 0.52 cent to 2.05 cents lower. Dry whey futures are 0.15 cent to 1.75 cents higher.
Friday Closing Dairy Market Update - Class III Futures Showed Further Losses
GENERAL OVERVIEW: Class III milk futures closed mixed, experiencing some pressure from the slight decline in cheese prices. Class IV...
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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 ...
