Milk futures higher, cash dairy mixed
January 24, 2020 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile Exchange ended the week on the upper side of $18 per hundredweight while cash markets were mostly lower.
January Class III milk up four cents at
$17.04. February up two cents at $18.00.
March eight cents higher at $18.25.
April up nine cents at $18.00. May
through August contracts a nickel lower to a penny higher.
Dry whey up $0.0050 at $0.3650. Five sales were made at $0.36 and $0.3625.
Blocks down $0.0075 at $1.9950. Nine trades were made ranging from $1.99 to
Barrels down $0.02 at $1.61. Seven trades were made ranging from $1.6075 to
Butter down $0.0075 at $1.86. Two trades were made at $1.8575 and $1.86.
Nonfat dry milk down $0.0025 at $1.2875.
was made at that price.
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