On the Chicago Mercantile Exchange milk futures closed higher Tuesday with support from global markets. Class III milk markets were higher again on Tuesday. November added 8 cents to $20.27 per cwt, December was up 4 and first half 2020 ranged from 2 lower to 5 higher. Class IV milk was stronger as well, ranging from 2 to 13 cents higher.
Dry whey down $0.0025 at $0.2775. Eight trades were made ranging from $0.2750 to $0.2850. Blocks down $0.0025 at $2.1575. Six trades were made ranging from $2.1450 to $2.1575. Barrels up $0.0350 at $2.3750. Butter unchanged at $2.0625. Nonfat dry milk up $0.0025 at $1.1925. One trade was at $1.1875
