Daily Dairy Trading: Spot Markets Stay Unchanged, Tuesday

US – Butter values, like other commodities, did not change yesterday despite butter receiving strong interest from buyers.
calendar icon 25 September 2013
clock icon 1 minute read

The lack of movement comes after consecutive days of price increases which left spot calls on $1.6050.

Four trades, two bids and one offer were reported for Butter. Elsewhere in the market, trade was limited – the only call was an offer for Nonfat Dry Milk.

Futures trading saw significant gains. October Class III milk leapt 12 cents to $18.04, while Class IV settled five cents higher to $20.15.

October Cheese moved from $1.7690 to $1.7810.

TheCattleSite News Desk

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