On the Chicago Mercantile Exchange milk futures were again mostly higher Thursday as was cash trade with continued export market support. October declined 10 cents to $18.05/cwt while November added 14 cents and December was up 12. 2022 months ranged from 2 to 7 cents higher. The 2022 average last traded Thursday at $18.07/cwt. Class IV experienced a similar move as November gained 10 cents and December was up 8. 2022 ended 2-11 cents in the green as well.
CME spot markets resulted in dry whey up $0.0025 at $0.5950. One sale was made at that price. Blocks up $0.0025 at $1.81. One sale was made at that price. Barrels down $0.02 at $1.7675. Butter unchanged at $1.6975. Nonfat dry milk up $0.0125 at $1.4425. Three trades were made at $1.44 and $1.4425.
