Spot butter climbed to $2.9350, the highest price since September 2015 with an impressive volume of 18 trades taking place in the CME Spot Dairy Auction.
December class III milk advanced 58 cents to $17.73/cwt. January milk tacked on 55 cents to $18.30/cwt. February shot up 35 cents to $18.75/cwt. Class IV milk futures jumped 15-34 cents in the first half of 2022.