Milk continues to struggle to find momentum higher. Cheese fell below $2 in the spot trade. Cheddar Blocks fell 4 ¼ cents to $1.99 ¾ and Barrels fell 2 ½ cents to $1.98/lb. Butter fell ¼ of a penny to $3.15/lb. Powders were mixed with Grade A non Fat Dry milk unchanged at $1.42/lb and Dry Whey falling a penny to $0.43/lb.
Class III milk followed Cheese. October unchanged at $21.78, with November down 38 to $20.47 and December down a quarter to $19.10/cwt.
Class IV milk was mixed with October 2 higher at $24.91, November fell 11 to $23.67, and December down 27 to $21.25/cwt.
Grain complex continued its sideways movement. With corn at $6.85/bu, soybeans falling ¼ cent to $13.81 ¾ and sboybean meal falling back $6.90 to $408.70/ton.
With Ever.Ag this is Jenny Wackershauser on Know your Markets.
