On the Chicago Mercantile milk futures ended Wednesday mostly higher while European dairy prices were up on the week. Class 3 markets also showed positive results during the session trading anywhere from 9 to 16 cents higher. the front months traded at 15.95 in April, 15.77 in may and 15.95 in June. The second quarter average is now at 15.89. The second half average is now at. 16.49. The 2020 Class 3 markets also saw upward movement trading anywhere from 4 to 18 cents higher in months January through September. Class 4 market moved higher as well trading anywhere from 3 to 10 cents higher in months may to December.
Dry whey down $0.0050 at $0.3425. Eight trades were made ranging from $0.3425 to $0.3475. Blocks up $0.0150 at $1.6725. Five trades were made ranging from $1.66 to $1.6725. Barrels down $0.0075 at $1.59. Three trades were made ranging from $1.59 to $1.5925. Butter up $0.01 at $2.28. Three trades were made ranging from $2.27 to $2.2825. Nonfat dry milk up $0.0075 at $0.9950.
