Feed costs will continue to pressure dairy Margins.
Class III Milk had May up 8 cents to $19.15, June fell 2 to $19.76 and July gained 2 cents to $19.86/cwt. (Taylor Leach)

Wednesday had December corn break through $6 for new crop and July pushed through $7. Corn finished the day with July up 11 ¾ cents to $7.08 ½. December corn at 6.04 3/4 /bu. These values have not been seen since September of 2013. Soybean meal gained 2.90 to $424.40/ton as Soybeans gained 4 cents in July to 15.42 ¼, and November gained 19 ½ cents to 13.82 ¾ /bu.

Dairy markets were stable as the CME spot trade saw Cheddar Blocks gain a quarter of a cent to 1.80 ¼, Barrels gained 2 ½ cents to 1.84 1/2/lb. Blocks moved and impressive 5 loads and Barrels 7. Butter fell a penny to $1.73 1/2/lb with 9 loads trading hands.

Grade A Non Fat Dry Milk gained 1 3/4/lb to $1.35 ¾. Dry whey gained a quarter of a cent to $0.64 3/4/lb.

Class III Milk had May up 8 cents to 19.15, June fell 2 to 19.76 and July gained 2 cents to 19.86/cwt.

Class IV milk was quiet nearby, but 2022 jumped higher. May slid 1 cent to 16.20, June and July were unchanged at 16.99, and 17.31. January of 2022 gained 20 cents to 17.75 and Feb and March also moved to 17.75/cwt.

Aavin has launched three mobile vans under the ‘Aavin on Wheels’ initiative, to offer door delivery of its products in Madurai.

You may be interested in

Related
notes

Most Read

Featured

Join to

Follow us

SUBSCRIBE TO OUR NEWSLETTER