meta Class III milk continues to give back recent gains in Chicago Tuesday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Class III milk continues to give back recent gains in Chicago Tuesday


On the Chicago Mercantile Exchange Tuesday milk futures, butter, and powder were down. Class III milk market lost some of the recent gains on Tuesday following the trends we saw Monday in light trading on the CME Spot Product Trade. Class III milk finish out April trading down 1 cent to $15.96/cwt. May fell 13 cents to $16.08, and June was off 16 cents to $16.21. Second half lost 10-15 cents and finished at an average at 16.64/cwt.

Dry whey was unchanged at $.34 cents per pound. No sales were recorded. Forty-pound blocks were unchanged at $1.6725 per pound. No sales were recorded. Barrels were unchanged at $1.63 per pound. No sales were recorded. Grade AA Butter was down $0125 at $2.2675 per pound. Six sales were recorded from $2.2675 to $2.2775. Nonfat dry milk was down $.0050 at $1.0350 per pound. Two sales were recorded at that price.


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