CME dairy markets down Tuesday
Milk futures and cash dairy prices were lower Tuesday except for dry whey on the Chicago Mercantile Exchange.
August Class III milk was down $0.24 at $17.45. September was down $0.57 at $17.53. October was down $0.53 at $17.89. November was down $0.44 at $18.25. December through June contracts ranged from unchanged in May to twenty cents lower in February.
Dry whey was up $0.01 at $0.26. One sale was recorded at that price.
Cheese blocks were unchanged at $1.96. No sales were recorded.
Cheese barrels were unchanged at $1.87. No sales were recorded.
Butter was down $0.01 at $2.67. Twenty-five sales were recorded, ranging from $2.67 to $2.68.
Nonfat dry milk was down $0.0050 at $1.1425. Three sales were recorded, ranging from $1.1375 to $1.1425.