Dairy Markets are teaming with volatility. Class III markets continue to be confused on which direction they want to go.
Milk Markets Can't Decide Which Direction They Want to Go
Class III markets continue to be confused on which direction they want to go. (Stock Photo)

Block Cheese went up $0.0025 to $1.8650 with no lots traded. Barrels came down 2 cents to $1.7600, causing August Class III to only gain 2 cents to $17.04. Butter increased a couple more cents to $2.6925, running with the cold storage news of a deficit of 7 million lbs. compared to the average of 5 years. Nonfat bounced off the ceiling, losing a quarter cent to $1.1475. Class IV has sustained its rally, climbing to $19.02 in August.

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