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Dairy markets down after Christmas Break

Dairy markets were down Tuesday on the Chicago Mercantile Exchange, with the exception of blocks,

December Class III milk futures were down $.02 at  $15.41. January milk was down $.08 at $13.94.  February was down $.09 at $13.55.  March was down $.07 closing at $13.60.  April was down $.05 at $13.90.  The rest of the 2018 milk futures were all down except for a $.06 gain in September.

Grade AA Butter was down $.01 closing at $2.17.  One carload was sold Tuesday at that price. Barrels were up $.01 closing at $1.42.  Three carloads were traded at that price. 40-pound blocks were down  $.005 to $1.4875.  Eight carloads of blocks were traded, ranging from $1.48 up to $1.4925. Nonfat dry milk was down $.015 closing at $.65.  Four carloads were sold ranging from $.6450 to $.6525.

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