In Class III trade at the Chicago Mercantile Exchange, milk futures were higher, rebounding from some recent mostly lower activity. January was up $.06 at $16.61, February was $.16 higher at $17.10, March was up $.15 at $17.47, and April was $.12 higher at $17.59.
Cash cheese blocks were down $.0025 at $1.6675. There were a total of seven trades, from $1.6575 to $1.67, including two trades at $1.6675. The last uncovered offer was on one load at $1.67. Barrels were up $.025 at $1.5575. There were 10 loads sold, including seven at $1.58. The last unfilled bid was on two loads at $1.54. The last uncovered offer was for one load at $1.5575.
Butter was $.0375 lower at $2.31. The last uncovered offer was for two loads at $2.31.
Nonfat dry milk was $.01 higher at $1.02. There was one trade at $1.02 and $1.0075. The last unfilled bid was on one load at $1.01. The last uncovered offer was for five loads at $1.05.
Source: Brownfield Ag News
