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Dairy Markets Mixed Tuesday in Chicago

At the Chicago Mercantile Exchange the dairy markets were mixed Tuesday.  November Class Three milk was up $.01 at $14.49.   December was down $.05 at $14.04. Class III markets held mostly to Monday’s values with the first half of 2019 calendar average rising a penny to $15 per cwt. January was up $.02 to $14.24.  February was up $.01 to $14.58. The milk futures from March through next October ranged from two cents higher to six cents lower.  Class IV markets remained unchanged in the first half of 2019’s average, while the second half of 2019 rose 2 cents to $16.24.

Dry whey was up $.0075 at  $.4275 cents per pound. Seven  sales were made from $.4275 to $.43 Forty-pound blocks were up $.0050 at $1.3550 per pound.  No sales were recorded. Barrels were up $.0100 at $1.25 per pound.  One carload sold at that price. Grade AA Butter was down $.0150 at $2.2150 per pound.  No sales were recorded. Nonfat dry milk was up $.0050 at $.91 per pound.  Three carloads sold at that price.

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