Milk futures on the Chicago Mercantile Exchange ended the week higher with traders optimistic Mexico could lift tariffs. May Class III milk up two cents at $16.30. June up 22 cents at $16.45. July 29 cents higher at $16.72. August up 30 cents at $17.08. September through January contracts 12 to 31 cents higher. Dry whey unchanged at $0.34. Blocks up $0.0150 at $1.6725. Twelve trades were made ranging from $1.6675 to $1.6725. Barrels up $0.0125 at $1.6250. Fifteen trades were made ranging from $1.5125 to $1.63. Butter down $0.0450 at $2.34. Eight trades were made ranging from $2.34 to $2.37. Nonfat dry milk down $0.0025 at $1.0475.
Continue reading Milk futures over $17 again, cash dairy mixed at Brownfield Ag News.