On the Chicago Mercantile Exchange January Class III milk futures closed nine cents higher at $19.19. February up 29 at $19.73. March futures 12 higher at $19.68. April through June contracts 8 to 15 cents higher.
Tuesday’s CME spot dairy trade had both blocks and barrels unchanged at $1.86 and $1.6250/lb. Butter advanced a nickel to $2.1425/lb. Nonfat Milk fell 1.50 cents to $1.6625/lb. Whey was down half a penny to $.7250/lb.
