Market News

CME dairy markets down Monday

Milk futures and most cash dairy markets were down on the Chicago Mercantile Exchange Monday, August 2nd.

August Class III milk was down $.18 at $16.11.  September was down $.21 closing at $16.15.  October was down $.27 at $16.67.  November was down $.18 at $17.38.  December through June contracts ranged from fifteen cents lower to six cents higher.

Dry whey was unchanged at $.5025. There were no trades recorded.

Blocks were unchanged at $1.6350.  No sales were recorded.  

Barrels went down $.08 to $1.31.  There were nine sales from $1.31 to $1.3625.

Butter closed up $.0575 at $1.70.  There were fourteen sales ranging from $1.6625 to $1.70. 

Nonfat dry milk was up $.0075 to $1.2750.  One sale was made at the price.