Milk Prices See a Spark

Friday markets find a spark. After giving back some of last week's big gains in Class III Milk, we bounced back on Friday. The CME spot trade Had Blocks jumping 4 ¼ cents higher to $1.90 3/4/lb with Barrels gaining ¼ or a cent to $1.76 1/4/lb. Grade a Non Fat Dry Milk also gained 1 ¼ cents higher to $1.16/lb. Butter however gave back 11/4 cents to $2.68/lb and Dry Whey fell a quarter of a cent to $0.25/lb even.

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KNOW YOUR MARKET

July 28, 2023

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