Daily Dairy Trading: Spot Calls Move Barrels Up to $1.705024 July 2013
US – Tuesday’s biggest mover in the spot markets were Cheddar Barrels which closed 0.75 cents higher to $1.7050.
The price increase counters the considerable four cents dip reported yesterday and places Barrel calls nearer the most recent Block call of $1.7275.
Class III July milk futures remained unchanged on $17.35 as Class IV July milk closed 5 cents lower on $18.99.
August Class III milk closed a cent lower at $17.88.
Whey futures stayed rooted on $0.5800.
TheCattleSite News Desk