Both markets unchanged on Tuesday bids
The butter market, after being down at the end of last week, was up just over 3 cents on Monday
Spread now lies at 17 cents between cheese markets.
The race for fat is on. Prices have responded. Buyers are motivated. And producers now face an opportunity that has not been present since 2015.
Industry watching butter to see when and where it will peak
Spread between blocks and barrels stays at just more than 20 cents
Year-to-date slaughter also running ahead of last year.
USDEC CEO and President Tom Vilsack calls more open trade with Mexico, end to Canadian protectionism
More cows, more milk causing price drop.
More cows, more milk and more market activity.