Milk futures cross $20/cwt., cash dairy higher
April 12, 2021 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile Exchange starting the week out with strong moves following positive cash trade.
April Class III milk up 18 cents at $17.86. May up 58 cents at $19.96. June up 57 cents at $20.02. July 28 cents higher at $19.58. August through October contracts seven to 19 cents higher.
Dry whey up $0.02 $0.65. One sale was made at that price.
Blocks up $0.03 at $1.86. Eight trades were made ranging from $1.85 to $1.8675.
Barrels up $0.0725 at $1.7650. Ten trades were made from $1.7350 to $1.7750.
Butter up $0.0250 at $1.9050.
Nonfat dry milk up $0.01 at $1.2150. Eleven trades were made from $1.21 to $1.22.
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