Daily Dairy Trading: Class IV Milk Closes Higher, Monday
US - A quiet tone in the spot markets opened the week with focus falling on both standards of Nonfat Dry Milk, while Class IV milk lifted eight cents.
19 November 2013
1 minute read
By the end of trading, 1.25 cents separated NDM. Extra Grade standard NDM lifted 6.5 cents, up to $1.9650. Grade A dropped 0.25 cents, closing on $1.9725 after two trades.
There was no change elsewhere in the spot markets.
Milk futures reported a one cent fall in Class III milk, at $18.82 and a jump in Class IV price, closing at $20.65.
November Butter finished a cent lower at $1.5300. Cheese closed on $1.8600.
TheCattleSite News Desk
