Market News

Milk futures higher, cash dairy mixed

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 $2.0050.

Barrels down $0.02 at $1.61.  Seven trades were made ranging from $1.6075 to $1.6325. 

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.  One trade was made at that price.

Add Comment

Your email address will not be published.


stay up to date

Subscribe for our newsletter today and receive relevant news straight to your inbox!