meta Milk Futures Mostly Higher, Cash Dairy Mostly Lower | The Bullvine
Image
FacebookEmailTwitterRSS

Slide 8
Slide 8
Slide 8
Slide 5
Slide 5
Slide 5
Slide 7
Slide 7
Slide 7
Style_Bullvine
Style_Bullvine
Style_Bullvine
Slide 7
Slide 7
Slide 7
Slide 5
Slide 5
Slide 5
Slide 8
Slide 8
Slide 8
Overlays

Milk Futures Mostly Higher, Cash Dairy Mostly Lower

Friday, January 27th, 2017

Class III milk futures at the Chicago Mercantile Exchange were mostly higher, with the most active months seeing a slight bounce from the recent losses. January was up $.01 at $16.75, February was $.01 higher at $16.58, March was up $.06 at $17.04, and April was $.06 higher at $17.34.

Cash cheese blocks were up $.005 at $1.645. The last unfilled bid was on one load at $1.645. Barrels were down $.0125 at $1.4475. There was one load sold at $1.4475, along with one at $1.45. The last unfiled bid was on one load at $1.42. The last uncovered offer was for one load at $1.46.

Butter was $.0125 lower at $2.185. There was one load sold at $2.18. The last unfilled bid was on one load at $2.185. The last uncovered offer was for one load at $2.20.

Nonfat dry milk was down $.05 at $.935. There were a total of four loads sold, two at $.96, one at $.95, and one at $.935. The last unfilled bid was on one load at $.93. The last uncovered offer was for one load at $.9425.

California’s Department of Food and Agriculture reports nonfat dry milk for the week ending January 20th was $1.0037 per pound, up $.0047 on the week and the eighth week in a row with a gain. Sales of 7,949,315 tons were 1,939,571 higher

Source: Brownfield Ag News

(T1, D1)

Tags

A.I. Industry animal welfare butter prices challenges China Cow Comfort cow health Dairy Cattle Dairy Cattle Marketing dairy cows dairy farmers Dairy Farming dairy farms Dairy Industry dairy producers dairy production efficiency farmers Feed Costs Feed Efficiency Genetic Evaluation System Genomics greenhouse gas emissions growth Health Herd Health innovation Management milk output milk prices Milk Production milk quality milk yield monitoring New Zealand nutrition production productivity Profitability resilience sustainability Technology United States USDA World Dairy Expo

Slide 7
Slide 7
Slide 7
Slide 5
Slide 5
Slide 5
Slide 8
Slide 8
Slide 8
Slide 7
Slide 7
Slide 7
Slide 8
Slide 8
Slide 8
Slide 5
Slide 5
Slide 5
Style_Bullvine
Style_Bullvine
Style_Bullvine
Overlays

Send this to a friend