Market News

CME dairy markets down again

Milk futures and cash dairy markets were down again on the Chicago Mercantile Exchange Thursday, January 21st.

January Class III milk was down $.03 at $16.15.  February was down $.67 closing at $16.46.  March was down $.45 at $17.33.  April was down $.19 at $17.41.  May through December contracts ranged from five cents lower to five cents higher.

Dry whey was up $.0050 at $.54. One sale was made at that price.

Blocks were down $.0775 closing at $1.6525.  One sale was made at that price.  

Barrels went down  $.0500 to $1.39.  Eighteen sales were made ranging from $1.38 to $1.39.

Butter closed down $.0525 at $1.4025.  Three trades were made from $1.4025 to $1.46. 

Nonfat dry milk was down $.0175 at $1.1825.  Six sales were recorded from $1.18 to $1.1825.

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