Contact Us   |  
Milk Futures, Cash Dairy Mostly Higher

Milk futures on the Chicago Mercantile Exchange continued mostly higher Tuesday seeing some support from global markets.


April Class III milk down 15 cents at $17.45.  May up six cents at $18.63.  June up 14 cents at $18.84.  July six cents higher at $18.78.  August through October contracts unchanged to five cents higher.


Dry whey unchanged $0.66.


Blocks up $0.01 at $1.7850.  Two sales were made at $1.78 and $1.7850.  


Barrels unchanged at $1.53.   Two sales were made at $1.53 and $1.5325.


Butter down $0.0050 at $1.8325.  One trade was made at that price.


Nonfat dry milk up $0.0025 at $1.1825.  Two trades were made at $1.1825 and $1.1850.


The Global Dairy Trade index in New Zealand saw an incremental increase, up 0.3 percent, Tuesday.  Butter milk powder had a significant surge in demand, up 17.6 percent, followed by cheddar and butter.  Lactose had the only decline, down 6.5 percent.