meta Class III milk gives back some of last weeks gain in Chicago Monday :: The Bullvine - The Dairy Information You Want To Know When You Need It

Class III milk gives back some of last weeks gain in Chicago Monday


On the Chicago Mercantile Exchange milk futures ended modestly lower Monday, scaling back on gains seen last week.  May dropped 11 cents while June was down 2 cents and July down a penny. August through December ranged from 2 cents lower to 5 cents higher.  The second half Class III average at the close now stands at $16.76 per cwt. Class IV changes were mainly non-existent. The 4thquarter watched as 1-4 cents came out of it. The second half Class IV average now stands at $17.22 per cwt. 

Dry whey up $0.0125 at $0.34. Four trades were made ranging from $0.3275 to $0.3375. Blocks down $0.0125 at $1.6725. One trade was made at $1.6750. Barrels remained unchanged at $1.63. Five trades were made at that price. Butter up $0.01 at $2.28. Six trades were made ranging from $2.2675 to $2.28. Nonfat dry milk unchanged at $1.04.


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