Market News

Milk futures mixed, cash dairy unchanged

Milk futures lightly traded in a narrow range for the last day of 2018 while cash markets saw minimal activity.

December Class III milk futures were unchanged at $13.83.  January down nine cents at $14.32.  February up a nickel at $14.72.  March up two cents at $15.03.  The milk futures from April through next July ranged from a penny lower to three cents higher.

Dry whey unchanged at $0.48 cents.

Blocks unchanged at $1.43.

Barrels unchanged at $1.29.

Butter unchanged at $2.2175.  Three trades were made ranging from $2.2025 to $2.2150.

Nonfat dry milk unchanged at $0.9375.