meta Class IV moves higher in Chicago to Start the Week :: The Bullvine - The Dairy Information You Want To Know When You Need It

Class IV moves higher in Chicago to Start the Week


On the Chicago Mercantile Exchange milk futures started the week mostly lower as cash markets were mixed. Class IV milk kept inching higher. Though October was unchanged at 17.05, November gained 3 at 18.10 and Dec was unchanged at 18.54, 2022 gained 1-15 cents and the first half averages at $18.27/cwt. Class III milk was mixed. Nearby saw some lower moves. Oct down 2 to 17.92, November fell 12 to 19.16, and December gained 4 to 18.80/cwt. 2022 was mixed with Ja – June averaging at $18.11/cwt.

On spot trade dry whey unchanged at $0.6025. Blocks down $0.03 at $1.75. Barrels down $0.0125 at $1.7775. Two trades were made at $1.75 and $1.7650. Butter up $0.0250 at $1.7750. Eight trades were made from $1.79 to $1.8175. Nonfat dry milk up $0.0075 at $1.54. Three trades were made from $1.53 to $1.54.


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