News

US milk futures with cash dairy are mostly higher

United States
Published Nov 16, 2022

Tridge summary

Milk futures on the Chicago Mercantile Exchange ended higher Tuesday supported by positive cash trade and improving global markets.

Original content

December Class III milk up five cents at $21.83. January nine cents higher at $20.81. February down three cents at $20.49. March a dime higher at $20.50. April through June contracts four cents lower to two cents higher. Dry whey unchanged at $0.44. One sale was made at that price. Blocks up $0.0175 at $2.2250. Barrels unchanged at $2.0525. Three trades were made from $2.05 to $2.0550. Butter up $0.01 at $2.94. Nonfat dry milk up $0.0350 at $1.4650. Nine trades were made from $1.4375 to $1.4675. The Global Dairy Trade index in New Zealand turned positive this week, up 2.4 percent, the first time since the end ...
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