On the Chicago Mercantile Exchange milk futures started the week sharply higher supported by strong movement in the cash cheese market. Class III milk futures markets ended sharply higher. November ended 50 cents higher while December was up 34 cents. January traded 20 cents higher while the remaining months in 2020 were slightly higher.
Dry whey unchanged at $0.2850. Fourteen trades were made at $0.2825 and $0.2850. Blocks up $0.1025 at $2.07. Four trades were made ranging from $2.05 to $2.08. Barrels up $0.0525 at $2.0525. Butter up $0.0050 at $2.12. Three trades were made at $2.1125 and $2.12. Nonfat dry milk down $0.0050 at $1.1650. One trade was made at that price.
