Thu, 02 Jul 2009 18:25:00 GMT
Due to the July 4th holiday, the June Announced Class III and IV prices were announced today (instead of tomorrow). The June Class III price is $9.97. This compares to a May value fo $9.84 and a June 2008 value of $20.25.
Fri, 12 Jun 2009 20:37:00 GMT
This morning the weekly average NASS dry whey price was 26.39 cents, the first time this average price exceeded 26 cents since the end of July 2008. The minimum average price for the year was 15.35 cents obtained in February.
Mon, 08 Jun 2009 21:00:00 GMT
With the close of business today, the July - Sept. ‘09 futures settle prices closed at contract lows. As late as March 27, 2009 the Sept. ‘09 Class III contract settled at more than $16.00 .
Mon, 08 Jun 2009 10:47:00 GMT
The May Class III price was announced on Friday to be $9.84. This compares to $10.78 in April and $18.18 in May 2008.
Tue, 02 Jun 2009 11:26:00 GMT
The California May 4b price is $9.54, a decrease of $0.87 from the April value. This compares to a May 2008 value of $18.66. The May Class III price is likely to be approximately $9.83 .
Fri, 29 May 2009 19:53:00 GMT
With the release of the May Agricultural Prices report today, the final April grain and hay costs used in the MILC feed cost adjuster are available. The resulting April MILC payment will be $1.59. Using the preliminary feed cost values for May, we estimate that the May MILC payment will be $1.52 .
Fri, 22 May 2009 13:54:00 GMT
The advance Class I mover was announced this morning to be $10.08. This represents an $0.89 drop from May ‘09 and a $8.10 drop from the June ‘08 level.
Thu, 07 May 2009 12:51:00 GMT
The settle prices at the end of business on May 6th represent double digit declines for Class III futures contracts for the months of July ‘09 - Mar ‘10. The May ‘09 futures settled at a new contract low.
Thu, 07 May 2009 12:41:00 GMT
At the end of business yesterday (May 6th) the CME spot price for cheddar barrels were 4¢ below support price. Cheddar blocks are at their lowest level since January.
Fri, 01 May 2009 14:07:00 GMT
This morning, the USDA released the Announced April Class III price with a value of $10.78. This is a $0.34 increase over the March value. The April 2008 value was $16.76.
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