meta Futures prices for Class III milk are skyrocketing. | The Bullvine

Futures prices for Class III milk are skyrocketing.

On Thursday, milk futures went up for the second day in a row, but cash dairy prices were all over the place.

Class III milk in February went up by $0.15 to $17.96. At $17.93, March was up $0.31. At $18.29, April was up $0.28. May was up $0.31 at $18.76. From June to December, contracts went up anywhere from 5 cents in November to 25 cents in July.

At $0.4250, dry whey was down $0.0050. At that price, one sale was made.

Cheese blocks were still $1.8725 each. There were no sales.

Cheese barrels stayed the same price of $1.57. There were no sales.

At $2.4075, butter went up by $0.0125. At that price, one sale was made.

At $1.2425, nonfat dry milk went up $0.0075. There were no sales.

(T11, D3)
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