On the Chicago Mercantile ExchangeJanuary Class III milk futures down seven cents at $16.94 Tuesday. Class III milk futures were mixed but with little change. 2020 months ranged from 4 lower to 5 cents higher. First quarter 2021 also gained 6-26 cents per cwt. Class IV milk saw little change with just 4th quarter 2020 and first quarter 2021 trading.
Dry whey up $0.0075 at $0.36. Twelve trades made at $0.36. Blocks unchanged at $1.87. Barrels down $0.06 at $1.4675. Six trades were made, ranging from $1.4675 to $1.47. Butter $0.07 higher at $1.94. Seven trades made, ranging $1.9075 to $1.94. Nonfat dry milk unchanged Tuesday at $1.2725. Six trades were made, ranging from $1.2675 to $1.2750.\
Grain prices declined a half cent to $4.04 ¼ per lb. Soybeans were even on the day closing out at $9.69 and ½ while bean meal was down $1.50 per ton. The wheat complex was higher in each of the markets. Chicago gained 5 cents, Kansas City added 4, and Minneapolis was up slightly.
