Monday, September 26, 2022

Monday Midday Dairy Market Summary - Block Cheese Rises

OUTSIDE MARKETS SUMMARY:

CORN: 7.50 lower
SOYBEANS: 12.25 Lower
SOYBEAN MEAL: $2.50 Lower
LIVE CATTLE: $1.075 Lower
DOW JONES: 279 Points Lower
NASDAQ: 42 Points Lower
CRUDE OIL: $1.54 Lower

MIDDAY MARKET UPDATE:

Block cheese price jumped 5 cents to $2.0100 with one load traded. Barrels declined 1 cent to $2.1750 with no loads traded. Dry whey was up 0.25 cent, ending at $0.4525 with one load traded. Nonfat dry milk price was unchanged at $1.5800 with no loads traded. Butter also saw no change, ending with $3.1325 with no loads traded. Butter futures were up 0.70 cent to 0.45 cent lower. Class III futures ranged from 10 higher cents to 0.25 cent lower. Class IV contracts were priced at $23.55 to $24.65 midday.




Wednesday Closing Dairy Market Update - Milk, Cheese Trading Strong; March Dairy Exports Decline

MILK Milk production is mixed across the country with a few areas moving past the spring flush to see production holding steady. Oth...