Daily Dairy Trading: Class III Milk Drops, Thursday16 August 2013
US – Class III milk futures took a dive on Thursday, closing down nine cents to $18.04.
No movement was seen in Class IV milk, which sat unchanged on $19.15.
Cheese on the other hand did edge lower to $1.7820, with whey losing half a cent to close at $0.5800.
After three days of losses, Butter lifted to $1.4268.
No spot trades were recorded through the day. The weekly volume stands at two trades.
TheCattleSite News Desk