Milk futures, cash dairy mixed
February 21, 2020 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile closed mostly lower for the week while cash trade was mixed.
February Class III milk up six cents at
$17.01. March down two cents at $16.64.
April 16 cents lower at $16.56. May
down 17 cents at $16.71. June through September
contracts eight to 14 cents lower.
Dry whey unchanged at $0.37.
Blocks down $0.0325 at $1.7675. Five sales were made ranging from $1.7575 to
Barrels up $0.050 at $1.59. Five trades were made ranging from $1.59 to
Butter unchanged at $1.7750. Sixteen trades were made ranging from $1.7350
Nonfat dry milk down $0.0075 at $1.17. One trade was made at that price.
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