CORN: | 3 Higher |
SOYBEANS: | 7 Higher |
SOYBEAN MEAL: | $4.20 Higher |
LIVE CATTLE: | $1.95 Lower |
DOW JONES: | 80 Points Lower |
NASDAQ: | 62 Points Higher |
CRUDE OIL: | $0.67 Lower |
The block cheese price remained steady at $1.92 with one load traded. The barrel cheese price declined 1.25 cents closing at $1.8175 with three loads traded. The dry whey price declined 0.50 cent closing at 55.50 cents with two loads traded. The continued weakness of dry whey is a drag on the Class III market. Class III futures are mixed from 17 cents lower to 8 cents higher. The butter price declined 2.25 cents closing at $2.3775 with no loads traded. This moves the price to a new low for the year. There were four uncovered offers remaining at the close. Grade A nonfat dry milk declined 2 cents closing at $1.28 with no loads traded. This is a new low for the year and the lowest price since Aug. 23, 2024. Class IV futures are unchanged to 30 cents lower. Butter futures are 3.00 cents lower to 0.17 cent higher. Dry whey futures are 0.15 to 0.75 cent lower. The markets will be closed on Monday, Feb. 17, for Presidents Day.