Milk futures on the Chicago Mercantile Exchange ended Tuesday higher, thanks to good cash trade and better markets around the world.
December Class III milk prices went up by 5 cents to $21.83. January is up nine cents to $20.81. February is now $20.49, down three cents. March, it went up by a dime to $20.50. From April to June, contracts go down by four cents to go up by two cents.
At $0.44, dry whey hasn’t changed. At that price, one sale was made.
Blocks are now $2.2250, up $0.0175.
Barrels stayed the same at $2.0525. From $2.05 to $2.0550, three trades were made.
Butter up $0.01 at $2.94.
At $1.4650, nonfat dry milk went up $0.0350. From $1.4375 to $1.4675, nine trades were made.
