Daily Dairy Trading: June Class III Milk Up 3 Cents18 June 2013
US – Spot prices for forty pound cheese blocks fell again with the futures market seeing upturn in June Class III milk, closing up 3 cents at $18.02.
This increase leaves July milk ahead, which closed up 14 cents to $18.17. More than a dollar ahead is July Class IV milk which closed on $19.03.
There was no movement elsewhere in the cash market after a quiet opening day to the week. Butter was steady at $1.5350 although only one offer was made.
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