Thursday, June 26, 2025

Thursday Midday Dairy Market Summary - Milk Futures Post Gains

OUTSIDE MARKETS SUMMARY:

CORN: Steady
SOYBEANS: 1 Lower
SOYBEAN MEAL: $4.50 Lower
LIVE CATTLE: $0.20 Lower
DOW JONES: 358 Points Higher
NASDAQ: 169 Points Higher
CRUDE OIL: $0.54 Higher

MIDDAY MARKET UPDATE:

The block cheese price remained steady at $1.61, with 17 loads traded. There were three unfilled bids and one uncovered offer remaining at the close. The barrel cheese price increased a penny, closing at $1.6375 with one load traded, one unfilled bid and one uncovered offer remaining. The dry whey price increased a penny, closing at 57.75 cents with no loads traded. Class III futures are 2 cents lower to 20 cents higher. The butter price increased 1.75 cents, closing at $2.5375 with seven loads traded. Grade A nonfat dry milk remained unchanged at $1.25 with no loads traded. Class IV futures are 6 cents lower to 9 cents higher. Butter futures are 1.50 cents lower to 2.17 cents higher. Dry whey futures are 0.70 to 1.25 cents higher.




Thursday Closing Dairy Market Update - Spot Milk Prices Still Hold a Discount

MILK: Traders have been cautiously covering short positions or are buying into the market. Class III milk futures increased but were...