Block cheese price remained steady at $1.89075 with 1 load traded. Barrel cheese price slipped 0.50 cent ending at $1.7875 with 3 loads traded. Dry whey price increased 0.25 cent closing at 59.25 with no loads traded. Dry whey price continues to creep higher with few loads changing hands. The gain Wednesday helped to offset the decline of barrels. Butter price increased 0.75 closing at $1.6975 with 11 loads traded. Grade A nonfat dry milk price increased 1.25 cents closing at $1.43 with 11 loads traded. Class III futures are 8 cents lower to 10 cents higher. Front-month October is the only contract showing a loss. Class IV futures are 5 cents lower to 10 cents higher. Butter futures are 1.82 cents lower to 0.10 cent higher. Dry whey futures are 0.45 cent to 1.00 cents higher.
Wednesday Closing Dairy Market Update - Butter Strength Continues
GENERAL OVERVIEW: Butter has been on a roll this week, rallying 5 cents two days in a row in the cash market and futures up another 7...
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For California, milk production continues to be seasonally stronger. However, many handlers note milk output increase paces are slowing. Som...
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Milk production in California is strong. Some handlers report a sentiment of being firmly in the peak of spring milk output. Central Valley ...
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In California, signs that spring has arrived on time, or even ahead of schedule, continue to be relayed from contacts regarding seasonal mil...
