meta Dairy Markets Rally on Strong Cash Trade Thursday in Chicago :: The Bullvine - The Dairy Information You Want To Know When You Need It

Dairy Markets Rally on Strong Cash Trade Thursday in Chicago


On the Chicago Mercantile Exchange milk futures continued to rally Thursday supported by strong cash trade. February Class III milk up six cents at $15.65.  March up 53 cents at $16.56.  April 75 cents higher at $17.40.  May 57 cents higher at $17.82.  June through August contracts 23 to 28 cents higher.

On the spot market blocks up $0.07 at $1.66.  Eleven trades were made ranging from $1.60 to $1.66. Barrels up $0.0650 at $1.4475.  Three trades were made at that price.  Butter up $0.0325 at $1.4975.  Two trades were made at $1.4750 and $1.4950. Nonfat dry milk up $0.0275 at $1.1225.  Eight trades were made ranging from $1.1075 to $1.1225. Dry whey up $0.0025 at $0.5475.  One sale was made at that price

 


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