Block cheddar cheese closed at $1.4800/lb, unchanged with no trades.
Barrel cheese closed at $1.5025/lb, down $0.0025/lb with no trades.
Butter closed at $1.4450/lb, down $0.0175/lb with 1 trade.
Grade A NDM closed at $1.3325/lb, unchanged with no trades.
Extra Grade NDM closed at $1.2975/lb, unchanged with no trades.
Block cheddar cheese closed at $1.4800/lb, down $0.0050/lb with 2 trades.
Barrel cheese closed at $1.5050/lb, up $0.0100/lb with 15 trades.
Butter closed at $1.4625/lb, down $0.0300/lb with no trades.
Grade A NDM closed at $1.3325/lb, down $0.0250/lb with no trades.
Extra Grade NDM closed at $1.2975/lb, unchanged with no trades.
Block cheddar cheese closed at $1.4850/lb, unchanged with 10 trades.
Barrel cheese closed at $1.4950/lb, up $0.0075/lb with 1 trade.
Butter closed at $1.4925/lb, unchanged with no trades.
Grade A NDM closed at $1.3575/lb, unchanged with no trades.
Extra Grade NDM closed at $1.2975/lb, down $0.0400/lb with no trades.
Dairy cow slaughter for the week ending January 21 was 60,851 head, down 1.6% from the same week last year.
This puts slaughter unchanged YTD through week 3.
Block cheddar cheese closed at $1.4850/lb, down $0.0075/lb with 3 trades.
Barrel cheese closed at $1.4875/lb, down $0.0025/lb with 2 trades.
Butter closed at $1.4925/lb, down $0.0025/lb with no trades.
Grade A NDM closed at $1.3575/lb, down $0.0125/lb with no trades.
Extra Grade NDM closed at $1.3375/lb, down $0.0125/lb with no trades.
Block cheddar cheese closed at $1.4925/lb, down $0.0175/lb with 3 trades.
Barrel cheese closed at $1.4900/lb, down $0.0050/lb with 3 trades.
Butter closed at $1.4950/lb, down $0.0100/lb with 3 trades.
Grade A NDM closed at $1.3700/lb, down $0.0100/lb with no trades.
Extra Grade NDM closed at $1.3500/lb, down $0.0100/lb with no trades.
Trading Event 61 was held today with the following results:
The average price for all AMF was 3,942 USD/MT FAS ($1.44/lb in 80% butter-equivalent terms), down 3.5% from the last auction average of 4,084.
The average price for all SMP was 3,296 USD/MT FAS ($1.50/lb), down 1.6% from the last auction average of 3,351.
The average price for all WMP was 3,533 USD/MT FAS ($1.60/lb), down 0.8% from the last auction average of 3,562.
The average price for all Cheddar cheese was 3,640 USD/MT FAS ($1.65/lb), down 3.6% from the last auction average of 3,776.
There was no buttermilk powder offered at this auction.
The average price for all MPC70 was 5,569 USD/MT FAS ($2.53/lb), down 5.3% from the last auction average of 5,880.
The average price for all Rennet Casein was 7,715 USD/MT FAS ($3.50/lb), down 4.4% from the last auction average of 8,069.
Block cheddar cheese closed at $1.5100/lb, unchanged with no trades.
Barrel cheese closed at $1.4950/lb, unchanged with 2 trades.
Butter closed at $1.5050/lb, down $0.0450/lb with no trades.
Grade A NDM closed at $1.3800/lb, down $0.0700/lb with no trades.
Extra Grade NDM closed at $1.4800/lb, unchanged with no trades.
Block cheddar cheese closed at $1.5100/lb, unchanged with no trades.
Barrel cheese closed at $1.4950/lb, unchanged with 1 trade.
Butter closed at $1.5050/lb, unchanged with no trades.
Grade A NDM closed at $1.3800/lb, unchanged with no trades.
Extra Grade NDM closed at $1.3600/lb, down $0.1200/lb with no trades.
Block cheddar cheese closed at $1.5100/lb, up $0.0050/lb with 6 trades.
Barrel cheese closed at $1.4950/lb, up $0.0100/lb with 20 trades.
Butter closed at $1.5500/lb, down $0.0050/lb with no trades.
Grade A NDM closed at $1.4500/lb, unchanged with no trades.
Extra Grade NDM closed at $1.4800/lb, unchanged with no trades.
This information has been compiled for the benefit of Blimling and Associates clients and is for informational purposes only. Blimling and Associates assumes no responsibility or liability for any information found on external websites. Inclusion of any item does not constitute any endorsement of any kind. This information is carefully compiled but not guaranteed to be complete or free from error; nor does it constitute a solicitation to buy or sell futures/options contracts. Futures and options trading involves risk. Contact a licensed professional for more information.
