Milk Futures, Cash Dairy Higher

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    New Delhi, May 14, 2024: Milk futures on the Chicago Mercantile Exchange started the week higher supported by a lower dollar and positive cash trade.

    According to the reports published in brownfieldagnews.com May Class III milk up eight cents at $18.71.  June 75 cents higher at $21.26.  July up 28 cents at $20.18.  August 21 cents higher at $19.75.  September through November contracts six to 19 cents higher.

    Dry whey unchanged at $0.3850. Five sales were made from $0.3850 to $0.39.

    Blocks unchanged at $1.98. Two sales were made at $1.9625 to $1.98.

    Barrels up $0.06 at $1.9725. One trade was made at $1.95.

    Butter up $0.0375 at $3.0275. One trade was made at that price.

    Nonfat dry milk up $0.0150 at $1.1675. Three sales were made from $1.16 to $1.17.