Market Charts
Milk futures mixed, cash dairy trade mostly higher
Milk futures on the Chicago Mercantile Exchange ended the day mixed with mostly higher cash markets and strong global trade.
February Class III milk was down two cents at $20.80. March 16 cents higher at $22.97. April down four cents at $23.21. May 14 cents higher at $22.64. June through August one to 15 cents lower.
Dry whey down $0.03 at $0.8125.
Blocks up $0.0750 at $1.99. Three trades were made from $1.94 to $1.99.
Barrels unchanged at $1.95.
Butter up $0.0750 at $2.86. Ten trades were made from $2.82 to $2.86.
Nonfat dry milk unchanged at $1.90. Two sales were made at that price.
The Global Dairy Trade index in New Zealand on Tuesday posted another week strong gains again, up 4.2 percent. Skim milk powder led the way, up 6 percent, followed by butter, up 5.1 percent.
