Daily Dairy Trading: Markets Largely Static as Butter Sales Continue, Thursday
US – Spot market Butter sales reported strong buying, registering seven trades as most commodities remained unchanged.
20 September 2013
1 minute read
Thursday’s trades take the weekly total to 31 but no change was seen in Butter's closing price which finished on $1.5300.
The only mover was Cheddar Blocks which edged down following an offer for 0.25 cents lower. Blocks started the week on $1.8200 indicating a recent steady decline.
Dairy futures were rather static; September Class III milk lost a cent at $18.14, Class IV stayed on $19.49. Cheese remained on $1.7920 after decreases earlier in the week.
Butter dropped the most, falling to $1..4524, a drop of $0.75, continuing the week’s downward progression.
TheCattleSite News Desk
