Block cheese price remained unchanged at $1.75 with no loads traded. A bid and offer were placed early in the trading period but were not moved during the period. Barrel cheese price increased 3.25 cents to close at $1.81 with 4 loads traded. Butter price declined 2.75 cents closing at $1.7725 with 13 loads traded. Dry whey price slipped 0.25 cent closing at 60 cents with one load traded. Grade A nonfat dry milk price declined a penny to $1.53 with 5 loads traded. Class III futures initially tried to rally but could not hold the gains leaving contracts mixed. Futures are 4 cents lower to 15 cents higher. Class IV futures are 6 cents lower to 6 cents higher. Butter futures are 1.97 cents lower to 1.72 cents higher. Dry whey futures are 0.67 cent lower to 1.12 cents higher. The Global Dairy Trade auction trade weighted average increased 2.2 percent on Tuesday's event.
Friday Closing Dairy Market Update - Spot Prices Show Limited Movement for the Week
GENERAL OVERVIEW: The week closed with little fanfare. Class III futures were mixed, with Class IV futures showing no trading activit...
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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: Traders had something to get excited over, resulting in milk futures increasing significantly. The strength in che...
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GENERAL OVERVIEW: Class III milk futures closed lower in most traded contracts. The weakness of blocks triggered selling as traders ...