On the Chicago Mercantile Exchange milk futures continue higher at midweek supported by strong cash trade. December Class III milk up a penny at $18.42. January six cents higher at $20.01. February 15 cents higher at $20.45. March up 14 cents at $20.45. April through June a penny lower to 17 cents higher.
In spot trade blocks up $0.02 at $1.95. One sale was made at $1.95. Barrels up $0.0575 at $1.69. Five trades were made from $1.66 to $1.69. Butter up $0.0325 at $2.4325. Nonfat dry milk down $0.0150 at $1.6475. Five trades were made from $1.6425 to $1. 6475. Dry whey unchanged at $0.75.
(T2, D1)
