On the Chicago Mercantile Exchange Milk futures flipped higher Wednesday, supported somewhat by continued cash cheese trade December Class III milk down three cents at $15.52. January four cents higher at $16.10. February up 17 cents at $16.91. March 16 cents higher at $17.11. April through June contracts unchanged to six cents higher.
On the spot market Blocks up $0.0025 at $1.6450. Two trades were made at $1.6425 to $1.6450. Barrels unchanged at $1.42. Two trades were made at that price. Butter down $0.02 at $1.5150. Seven trades were made ranging from $1.4975 to $1.5150. Nonfat dry milk down $0.0125 at $1.1375. One trade was made at that price. Dry whey unchanged at $0.4650.
(T3, D1)
