On Thursday, Chicago Mercantile Exchange milk futures and most cash dairy prices increased somewhat.
Price of Class III milk in January rose by $0.26 to $19.11. Price for February rose by $0.15 to $18.31. Prices increased in March by $0.09 to $18.31. The price of an April contract has increased by $0.01 to $18.51. Contracts from May through December fluctuated by as much as eight cents from September and October to November, from a low of one cent lower.
The price of dry whey remained steady at $0.4150. Unfortunately, there were no reported sales.
Prices for blocks of cheese increased by 0.0075 per cent, to $1.98. There were two transactions, at $1.9650 and $1.97.
Barrel prices of cheese increased by $0.0050, to $1.72. There were four purchases made at the $1.71 and $1.72 prices.
When we checked the price of butter, it was $2.38, which remained unaffected. There were no reported sales.
The price of nonfat dry milk decreased by $0.0125, to $1.2975, on Friday. There were three purchases made between $1.2950 and $1.2975.
