Cash dairy prices held steady to higher levels amid light trading activity Friday on the Chicago Mercantile Exchange. Here’s a quick glance at the movements:
“Dry whey saw a slight uptick, gaining $0.0175 to settle at $0.47. Two sales were logged at $0.46 and $0.47 respectively.”
- Dry Whey: Increased by $0.0175 to $0.47 with two sales recorded at $0.46 and $0.47.
- Cheese Market: Remained quiet. Forty-pound cheese blocks held steady at $1.8450, and no sales were recorded.
- Cheese Barrels: Unchanged at $1.9550, with no sales recorded.
- Butter: Regained most of Thursday’s losses, climbing $0.0425 to $3.0925. One sale was recorded at $3.10.
- Nonfat Dry Milk: Unchanged at $1.1950, with no sales recorded.
This mix of steady and upward movements reflects the market’s cautious approach on the day. How will this trend evolve? Stay tuned for more updates.
(T1, D1)
