At the Chicago Mercantile Exchange, Class III milk futures continued their positive movement through Tuesday’s trade. November rose 2 cents at $14.53, while December Rose 15 cents at $14.81. 2019 Class III markets rose anywhere from 5 to 16 cents with the most moving in the first quarter. The 2019 first quarter average is now at $15.16. January 16 cents higher at $15.06. February up 14 cents at $15.13. March through next October contracts closed five to 11 cents higher.
Barrels were up $0.0375 at $1.3550. Two trades were made, one at $1.33 and one at $1.34. Blocks closed $0.0225 higher at $1.3725. Four trades were made ranging from $1.36 to $1.3850. Butter was down $0.0250 at $2.20. Six trades were made ranging from $2.1975 to $2.23. Nonfat dry milk was up $0.0025 at $0.8625. Dry whey closed down $0.0050 at $0.4250. Five trades were made ranging from $0.4250 to $0.4275.
