meta Milk Markets Push Higher Thursday in Chicago | The Bullvine

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Milk Markets Push Higher Thursday in Chicago

Friday, March 25th, 2022

On the Chicago Mercantile Exchange milk futures pushed higher Thursday, carried mostly by nonfat dry milk activity. Class III milk futures varied on the day. April milk gained 11 cents to $24.32/cwt. May remained at $25.09/cwt. June lost 6 cents to $24.91/cwt. Class IV 2022 milk futures were relatively unchanged with some significant price action in 2023 taking place on just 1 trade.

In the CME spot dairy auction, barrels up $0.02 at $2.21. Butter unchanged at $2.8025.vNonfat dry milk up $0.01 at $1.88. Eleven trades were made from $1.8750 to $1.8825. Dry whey down $0.01 at $0.7450. One sale was made at that price. Blocks unchanged at $2.24.

(T3, D1)