Daily Dairy Trading: Markets Largely Static as Butter Sales Continue, Thursday

US – Spot market Butter sales reported strong buying, registering seven trades as most commodities remained unchanged.
calendar icon 20 September 2013
clock icon 1 minute read

Thursday’s trades take the weekly total to 31 but no change was seen in Butter's closing price which finished on $1.5300.

The only mover was Cheddar Blocks which edged down following an offer for 0.25 cents lower. Blocks started the week on $1.8200 indicating a recent steady decline.

Dairy futures were rather static; September Class III milk lost a cent at $18.14, Class IV stayed on $19.49. Cheese remained on $1.7920 after decreases earlier in the week.

Butter dropped the most, falling to $1..4524, a drop of $0.75, continuing the week’s downward progression.

TheCattleSite News Desk

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