Daily Dairy Trading: Butter Only Spot Market Mover, Monday

US – Butter closed higher, reaching a spot market value of $1.7000 at the close of a very quiet trading day on Monday.
calendar icon 14 January 2014
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This followed one bid up 2.5 cents and has continued an upwards trend for Butter, over five cents higher than the prior week average of $1.6480, according to the Agricultural Marketing Service.

No market activity was reported for any other spot commodities as the market sits on a high. Cheddar and Nonfat Dry Milk remaining above the $2 mark.

Class III January Milk closed 16 cents higher at $20.66, over $1.5 behind Class IV on $20.02.

Whey closed on $60 cents per pound exactly.

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