meta Milk Futures Continue Downward Trend in Chicago Wednesday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Milk Futures Continue Downward Trend in Chicago Wednesday


Milk futures on the Chicago Mercantile Exchange were again lower Wednesday as global prices continue to decline, cash markets were mixed with a very active butter trade. Class III milk prices lost 1-8 cents between August through December 2019. 2020 months for Class III ranged from 5 cents lower to 2 cents higher. Class IV milk also dropped losing 2-10 cents in 2019.

Dry whey up $0.0125 at $0.40.  One trade was made at that price. Blocks down $0.0050 at $1.9050.  Two trades were made at that price. Barrels down $0.03 at $1.68.  Six trades were made ranging from $1.68 to $1.6925.  Butter up $0.0025 at $2.3125.  Twenty-seven trades were made ranging from $2.3075 and $2.3150. Nonfat dry milk down unchanged at $1.0275.  


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