Market News

Dairy markets closed until Monday

The dairy markets were closed Thanksgiving Day and Friday but will re-open after the weekend.  Here is where trading closed at the end of Wednesday’s session.

Nearly all dairy markets gained ground on the Chicago Mercantile Exchange before the holiday.

Class III milk futures for November were down Wednesday  $.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.