CORN: | 4 Higher |
SOYBEANS: | 4 Lower |
SOYBEAN MEAL: | $3.40 Lower |
LIVE CATTLE: | $0.65 Higher |
DOW JONES: | 663 Points Higher |
NASDAQ: | 430 Points Higher |
CRUDE OIL: | $2.25 Higher |
The block cheese price fell 7.75 cents closing at $1.8225 with two loads traded. They nearly matched the low close on Friday. The volatility over the past four days has been unprecedented for a spot market. There were no unfilled bids or uncovered offers remaining at the close. The barrel cheese price declined 3 cents closing at $1.84 with three loads traded and an uncovered offer remaining. The dry whey price remained unchanged at 73.75 with two loads traded. Class III futures are mixed, ranging from 8 cents lower to 16 cents higher as traders try to make sense of the market. The butter price slipped 0.75 cent closing at $2.5675 with no loads traded. There was an unfilled bid and six uncovered offers remaining at the close. Grade A nonfat milk remained unchanged at $1.2675 with no loads trade. Class IV futures have not yet been traded. Butter futures are 1.47 cents lower to 1.02 cents higher. Dry whey futures are steady to 1.50 cents lower.