Class III milk futures at the Chicago Mercantile Exchange were mostly lower, with the most active contracts down on follow through technical selling and demand uncertainties. March was up $.02 at $15.68, April was $.28 lower at $14.96, May was down $.25 at $15.11, and June was $.23 lower at $15.60.
Cash cheese blocks were unchanged at $1.36. There were three loads sold, two at $1.36 and one at $1.37. The last unfilled bid was on one load at $1.36. The last uncovered offer was for one load at $1.38. Barrels were $.025 lower at $1.35. There were a total of 11 loads sold, including three at $1.35. The last unfilled was on two loads at $1.34. The last uncovered offer was for one load at $1.37.
Butter was down $.04 at $2.11. There were 22 loads sold, including one at $2.11 and 11 at $2.12. The last unfilled bid was on five loads at $2.10. The last uncovered offer was for five loads at $2.11.
Nonfat dry milk was steady at $.795. There were five loads sold, including one at $.795 and three at $.79. The last unfilled bid was on one load at $.79. The last uncovered offer was for one load at $.80.
Source: Brownfield Ag News
