Class III milk futures at the Chicago Mercantile Exchange were mostly higher on an oversold bounce. By John Perkins.
Cash cheese blocks were unchanged at $1.46. Barrels held at $1.4275. 10 loads were sold, all at $1.4275. The last uncovered offer was for three loads at $1.43.
Butter was $.0125 higher at $2.09. One load was sold at $2.09, along with one at $2.0875. The last unfilled bid was on one load at $2.085. The last uncovered offer was for one load at $2.105.
Nonfat dry milk was up $.015 at $.825. The last unfilled bid was on one load at $.825. The last uncovered offer was for one load at $.81.