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Milk futures, cash dairy higher

By Nicole Heslip Aug 9, 2021 | 2:28 PM


Milk futures on the Chicago Mercantile Exchange opened the week in higher trade supported by improving cash markets and sliding grain prices. 

August Class III milk up seven cents at $16.08.  September up nine cents at $16.58.  October nine higher at $17.13.  November up 13 cents at $17.75.  December through February contracts two cents lower to 1 cents higher. 

Dry whey unchanged at $0.54.   

Blocks up $0.0250 at $1.66.  One sale was made at that price. 

Barrels up $0.05 at $1.36.  Three trades were made at that price. 

Butter up $0.0325 at $1.68.  Eleven trades were made from $1.6575 to $1.68. 

Nonfat dry milk up $0.0025 at $1.2575.  One sale was made at that price.