At the Chicago Mercantile Exchange, Class III milk futures closed again higher Wednesday supported by the cash market. November and December 2018 were up 9 cents respectively. November closed four cents higher at $14.57. December up nine cents at $14.90. 2019 months ranged from even to six cents higher. The average first half 2019 Class III price Is $15.45 and the full year closed at $15.89/cwt. January a nickel higher at $15.11. February up four cents at $15.17. March through next October contracts closed two to six cents higher.
Barrels were up $0.0050 at $1.36. Three trades were made ranging from $1.3550 to $1.36. Blocks closed $0.0275 higher at $1.40. Five trades were made ranging from $1.3975 to $1.41. Butter was up $0.0250 at $2.24. Four trades were made ranging from $2.2225 to $2.24. Nonfat dry milk was up $0.0075 at $0.87. Two trades were made at that price. Dry whey closed up $0.0050 at $0.43. Two trades were made at $0.42 and $0.43.
