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Class III Milk Climbs Higher in Chicago Thursday


On the Chicago Mercantile Exchange Class III milk continued its march higher. October gained 12 cents to $18.48, November gained 5 cents to $18.37 and 2020 saw gains for January – March of 1-7 cents to finish averaging at $16.79 per cwt. Class IV milk was unchanged throughout the trading months – October holding at $16.45.

Dry whey unchanged at $0.34.  Twenty-one trades were made, ranging from $0.3375 to $0.3425. Blocks up $0.02 at $2.02.  Two trades made ranging $2.01 to $2.02. Barrels up $0.01 at $1.77.  Six trades made, ranging from $1.7675 to $1.77. Butter up $0.0125 at $2.1850.  Eight trades were made, ranging $2.1750 to $2.1925.  Nonfat dry milk down $0.0050 at $1.1350.  Two trades, ranging from $1.1325 to $1.1350.

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