Block cheese declined 1.50 cents closing at $1.7575 with no loads traded. No buyers showed up with an offer setting the closing price. Barrel cheese price increased 1.75 cents closing at $1.8475 with 3 loads traded. There was an offer for a load at the close of the trading period. Dry whey price increased 0.25 cent providing some support to Class III futures. Butter price increased a penny to $1.94 with 3 loads traded. Grade A nonfat dry milk price declined 1.75 cents closing at $1.5275 with 3 loads traded. Mixed spot prices leave traders uncertain of market direction. Class III futures are 4 cents lower to 12 cents higher. Class IV futures are 5 cents lower to 9 cents higher. Butter futures are 1.47 cents lower to 1.97 cents higher. Dry whey futures are 0.40 cent lower to 0.62 cent higher.
Tuesday Morning Dairy Market Update - Limited Trade Activity Expected
OPENING CALLS: Class III Milk Futures: 2 to 5 Lower Class IV Milk Futures: Mixed ...
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MILK There had been some optimism that lower milk production in February would get the attention of cheese buyers and they would ste...
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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...