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Milk futures higher, cash dairy mixed on Wednesday

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Milk futures higher, cash dairy mixed on Wednesday

May Class III milk futures on the Chicago Mercantile Exchange rose 51 cents to $24.72. through June 37 at $24.30. July futures 39 higher at $24.12. August to October contracts 18 to 29 cents higher.

Dry Whey by $0.0075 to $0.5875. Five sales were made from $0.5875 to $0.6025.

Blocks unchanged at $2.3475. Three trades were made from $2.3450 to $2.35.

A barrel rose $0.03 to $2.33. A sale was made at this price.

Butter up $0.03 to $2.65. Two trades were made at this price.

Nonfat dry milk rose $0.0250 to $1.7350. Four trades were taken from $1.72 to $1.7350.

https://brownfieldagnews.com/market-news/milk-futures-higher-cash-dairy-mixed-wednesday-4/ Milk futures higher, cash dairy mixed on Wednesday

Callan Tansill

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