In Class III trade at the Chicago Mercantile Exchange, milk futures were supported by technical buying, with the most active months breaking recent resistance. November was up $.04 at $16.71, December was $.23 higher at $16.71, January was up $.18 at $16.13, and February was $.15 higher at $16.08.
Cash cheese blocks were up $.0125 at $1.8975 with one load sold. Barrels were down $.0025 at $1.6675. There were a total of seven loads sold, including one at $1.6675 and three at $1.655. The last uncovered offer was for one load at $1.67.
Butter held at $2.03. There were 11 loads sold, 10 at $2.03 and one at $2.0275. The last unfilled bid was on two loads $2.01. The last uncovered offer was for one load at $2.04.
Nonfat dry milk was $.0025 higher at $.90. There were four loads sold at $.90. The last unfilled bid was on two loads at $.90. The last offer uncovered was for one load at $.91.
Source: Brownfield Ag News
