meta Global Outlook pushes Class III Higher in Chicago Wednesday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Global Outlook pushes Class III Higher in Chicago Wednesday

Spot cheese has continued to maintain its strength this week.  Blocks unchanged at $2.50.  Two trades were made at that price. Barrels up $0.0050 at $2.33.  Two trades were made at that price. Butter down $0.0225 at $1.80.  Ten trades were made ranging from $1.7875 to $1.80.  Nonfat dry milk up $0.0175 at $1.03.  Seventeen trades were made ranging from $1.02 to $1.0350. Dry whey down $0.01 at $0.3050.   Seven trades were made ranging from $0.3050 to $0.3125.

The grain complex was a mixed bag today. July corn added 1.25 cents to $3.3025/bushel. December corn remained unchanged at $3.4275. Spot soybeans climbed 4.25 cents to $8.7125/bushel. November soybeans ascended 3.50 cents to $8.7650. July soybean meal fell 10 cents to $287.80/ton. September Chicago Wheat descended 7.25 cents to $4.94/bushel. June live cattle finished 17 cents higher to $96.50/cwt. August feeders gained 70 cents to $133.57/cwt. July crude oil declined 70 cents to $37.70.   

 

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