meta Milk futures continue to rebound in Chicago following Trump Tweet about trade talks with China :: The Bullvine - The Dairy Information You Want To Know When You Need It

Milk futures continue to rebound in Chicago following Trump Tweet about trade talks with China


At the Chicago Mercantile Exchange Class III milk futures closed higher Thursday following improved Chinese imports and USDA’s mostly bearish dairy product report. November added 4 cents and December jumped 26 cents.  January through July 2019 traded 8-13 higher and August through December ranged from a penny lower to 5 cents higher.  January four cents higher at $15.19. February was three cents higher at $15.24. March through next October contracts closed unchanged to three cents higher.

Barrels were up $0.0450 at $1.3750. Five trades were made at that price. Blocks were down $0.02 at $1.4550. Eight trades were made ranging from $1.44 to $1.4550. Butter was $0.02 higher at $2.30. Eight trades were made ranging from $2.28 to $2.30. Nonfat dry milk was $0.0125 higher at $0.8925. Eight trades were made ranging from $0.89 to $0.8950. Dry whey closed $0.0025 lower at $0.4475. Ten trades were made ranging from $0.44 to $0.4457.


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