Daily Dairy Trading: Offers For Cheese Crash, June Milk Largely Unchanged
US – Some substantial decreases in spot prices were seen for Cheddar and Butter on Monday, headed by Barrels which dropped four cents.
25 June 2013
1 minute read
This follows last week’s slide which saw Barrels lose 5.5 cents. At the end of yesterday’s trading Barrels closed on $1.6775, behind Blocks which closed down 3.75 cents on $1.6875.
Butter also finished lower, with an offer for $1.4750 – down 2.5 cents.
Both standards of Non-dry fat milk remained unchanged.
June futures saw little change for Class III milk ($18.03) and Class IV ($18.94).
TheCattleSite News Desk
