A mixed day in Dairy markets with smaller volume. The CME spot trade saw cheese continue higher, but with much smaller volumes.

Blocks gained 2 cents to $1.91 ¾ on 3 loads trading, Barrels was unchanged at $1.65 1/4/lb on 6 trades. The block barrel spread widens back to 26 ½ cents averaging at 1.78 1/2/lb.

Butter fell a penny to $1.38/lb with only 1 load trading. Grade A Non Fat Dry Milk fell half a penny to $1.19/lb on 2 trades and Dry whey failed to trade and held unchanged at $0.50/lb.

Class III milk was mixed after rocketing higher for most of the week. January fell 15 to $16.70, February gained 24 to 19.70, and March fell 6 cents to 19.07/cwt. The balance of 2021 was 7 lower to 6 cent higher.

Class IV milk saw limited trades, but saw gains when it traded. January unchanged at 13.85, February at 14.59, and March at 15.21/cwt.

The grain complex keeps marching higher. Corn up 2 ¼ to 4.96 ¼, Soybeans up 15 ¼ to 13.76 ¾, and Soybean meal gained $6.80 to $444.80/ton

With ever.ag this is Jenny Wackershauser on Know your Markets

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