On the Chicago Mercantile Exchange, Class III futures settled in the green with limited gains in August with being about 70% priced. August milk gained 8 cents to $16.11/cwt. September through December finished 25-34 cents higher with 2022 up 10-19 cents. Class IV futures saw gains today as well.
On the CME Cash Dairy Product Trade, dry whey up $0.0675 at $0.5375. Two trades were made, ranging $0.53 to $0.5375. Blocks unchanged at $1.6350. Barrels down $0.0075 at $1.3075. Butter $0.05 higher at $1.6550. Nonfat dry milk up $0.0025 at $1.2550. Six trades made, ranging from $1.2525 to $1.26.
The grain complex finished mostly in the green today. December corn gained 6.25 cents to $5.53/bushel. November soybeans was up just 2.75 cents to $13.33/bushel. August soybean meal jumped $3.80 to $356.90/ton. September Chicago Wheat fell 4.50 cents to $7.1275/bushel.
