Market News

Dairy markets mostly up before Thanksgiving break

With one exception, the dairy markets gained ground before the Thanksgiving break.

The last day of dairy trading this week at the Chicago Mercantile Exchange saw the Class III milk futures for November down $.02 to $16.80.  Everything else closed up.

December milk was up $.05 at $15.42.  January was up $.06 at $14.66.  February was up $.10 to $14.66.  There were gains in the milk futures market for the balance of 2018, including some more than a dime higher in June, July, October, and December.

Grade AA Butter closed up $.01 at $2.2225.  Two carloads were sold, but only one sold at that price.

Barrels were unchanged at $1.675.  No sales were recorded.

40-pound blocks were up $.005 at $1.61 One carload of blocks was sold at that price.

Nonfat dry milk closed up $.0075 Wednesday at $.7125 per pound.  One carload sold at that price.