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.
25 September 2013
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
