Thursday, June 12, 2025

Thursday Midday Dairy Market Summary - Butter Demand Strong

OUTSIDE MARKETS SUMMARY:

CORN: Unchanged
SOYBEANS: 10 Lower
SOYBEAN MEAL: Unchanged
LIVE CATTLE: $0.15 Lower
DOW JONES: 5 Points Higher
NASDAQ: 27 Points Higher
CRUDE OIL: $0.31 Lower

MIDDAY MARKET UPDATE:

The block cheese price declined 2 cents, closing at $1.84 with only one load traded. The barrel cheese price slipped 0.50 cent, closing at $1.8500 with no loads traded. The dry whey price declined 1.25 cents, closing at 55.25 with two loads traded. Barrel cheese closed spot trading on an offer. In barrels, there was one unfilled bid at $1.82. Class III futures are 3 to 14 cents lower. The butter price increased 1.50 cents, closing at $2.5450 with 23 loads traded. There were seven unfilled bids remaining at the close, with only one uncovered offer. Grade A nonfat dry milk remained unchanged at $1.2650 with no loads traded again today. Class IV futures are 2 cents lower to 4 cents higher. Butter futures are 0.475 to 7.475 cents higher. Dry whey futures are 0.225 to 0.925 cent lower.




Fluid Milk and Cream - Western U.S. Report 48

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