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Daily Dairy Trading: June Class III Milk Up 3 Cents

18 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.

TheCattleSite News Desk

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