Trading activity for dairy commodities wrapped up Friday with predominantly declining values at the Chicago Mercantile Exchange.
Dry whey experienced a modest decline, dropping half a cent to close at $0.6325 per pound. Market activity included one transaction recorded at the closing price.
Forty-pound blocks of cheese fell by three-quarters of a cent, finishing at $1.5225 per pound, though no trading activity was documented for this commodity. Meanwhile, cheese barrels held their ground at $1.56 per pound with no recorded transactions.
Butter experienced the most significant decline among dairy products, falling 2 cents to settle at $1.84 per pound. This commodity saw the most active trading of the day, with twelve transactions occurring within a price range of $1.83 to $1.85.
Nonfat dry milk maintained its previous level at $1.71 per pound, with one sale completing at that exact price point.
