In Class III trade at the Chicago Mercantile Exchange, milk futures were higher on follow through buying and good demand expectations. January was up $.08 at $16.70, February was $.28 higher at $17.42, March was up $.23 at $17.52, and April was $.13 higher at $17.54.
Cash cheese blocks were up $.05 at $1.72. There were a total of four loads sold, one at $1.69, two at $1.70, and one at $1.72. The last unfilled bid was on one load at $1.69. Barrels were $.055 higher at $1.63. There were a total of five loads sold, including one at $1.63.
Butter held at $2.30. The last unfilled bid was on one load at $2.27. The last uncovered offer was for one load at $2.30.
Nonfat dry milk was up $.0025 at $1.02. There were three loads sold, including one at $1.02. The last unfilled bid was on one load at $1.02.
Source: Brownfield Ag News
