Weekly Prices and Commodity Market Updates

June 25, 2010
 

Commodity Markets: CME and California Plants

Average AA Butter NFDM 40# Blocks Barrels Dry Whey
April $1.5239 $1.0750 $1.4144 $1.3803 $0.4000
May $1.5947 $1.0871 $1.4231 $1.4039 $0.3972
June $1.6139 $1.2836 $1.4065 $1.3735 $0.3915
June 25 $1.7200 $1.2888 $1.4100 $1.3950 $0.3875
Change for Week Up 8 1/2 cents Down 73/100 cent Up 1/2 cent Up 1cent Down 13/100 cent

Estimated Producer CWT. Prices

Month Class 1 4a 4b Overbase Quota
April $14.52 $13.49 $12.30 $12.63 $14.33
May $15.52 $13.95 $12.40 $12.96 $14.65
June $15.83 $15.68 $12.23 $13.66 $15.36

April Pool Recap

Class Price Solids %Solids  Dollars % Dollars
1 $15.19 56,638,413 15.50% 51,263,446 17.02%
2 $11.18 18,837,896 5.15% 17,471,798 5.80%
3 $11.02 16,869,735 4.62% 16,450,053 5.46%
4a $13.16 123,947.146 33.91% 104,123,349 34.57%
4b $13.76 149,184,869 40.82% 111,887,585 37.15%
Totals   399,845,197   $439,111,481  

Pool Summary

Total Pool Income
 
$439,111,481
 
Less Quota Payout
 
(13,018,735)
 
Less Transportation
 
(3,361,679)
Net Pool Income
 
$422,731,067
 
Overbase Price
 
$12.95
Quota Price
 
$14.65
 

 

June 25, 2010


Butter
6 sales, 7 bids unfilled, 3 offers uncovered. The CME cash butter price gained 8.5 cents for the week after a 2.5-cent gain the prior week. CME cash butter prices are now at levels not seen sinc