meta Milk Futures climb higher in Chicago Wednesday | The Bullvine
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Milk Futures climb higher in Chicago Wednesday

Thursday, March 28th, 2019

On the Chicago Mercantile Exchange milk futures were higher Wednesday supported by continued support in the cash cheese market while weekly European dairy prices were mixed.  Class 3 markets were slightly higher seeing gains of 1 to 7 cents. March settled up 2 cents to 15.08, April finished up 7 cents to 15.69 and may finished up 3 cents to 15.48. Months June through October were left unchanged to 5 cents higher.  U.S. dairy exports during January were mixed from last year and December. Whole milk powder had the highest increase from last year, up more than 182 percent.

Dry whey down $0.0025 at $0.32. One trade was made at that price. Blocks up $0.04 at $1.73. One trade was made at that price. Barrels up $0.0050 at $1.5925. Six trades were made ranging from $1.5875 to $1.5925. Butter down $0.01 at $2.2650. Nonfat dry milk unchanged at $0.9625.

(T3, D1)

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