On the Chicago Mercantile Exchange May Class III milk futures up 51 cents at $24.72. June gained 37 to $24.30 and July gained 39 to $24.12/cwt. Class IV milk was unchanged in May to $24.45, June gained 10 to $23.70, and July gained 17 to $23.92/cwt.
The CME spot trade was littered with green. Barrels up $0.03 at $2.33. One sale was made at that price. Butter up $0.03 at $2.65. Two trades were made at that price. Nonfat dry milk up $0.0250 at $1.7350. Four trades were made at $1.72 to $1.7350. Dry whey down $0.0075 at $0.5875. Five sales were made from $0.5875 to $0.6025. Blocks unchanged at $2.3475. Three trades were made from $2.3450 to $2.35.
(T1, D1)
