Starting the week at the Chicago Mercantile Exchange, milk futures were up, but butter prices were down. Class Three milk for March was up $.01 at $14.29 a hundredweight. April was up $.24 at $14.57. May was up $.09 to $14.39. June was up $.08 to 14.75. Milk futures from July through December were up between $.01 and $.06 cents with markets unchanged in early 2019.
Grade AA Butter was down $.0275 at $2.1825 per pound. Fifteen carloads were sold with prices ranging from $2.1775 to $2.1825. Barrels were unchanged at $1.56 per pound. No sales were recorded. 40-pound blocks were down $.0025 at $1.5825 per pound. Two carloads sold with prices at $1.5825 and $1.59. Nonfat dry milk was unchanged at $.69 per pound. Two carloads traded at $.6875. Dry whey was unchanged at $.2925 cents per pound. No sales were recorded.