Market News

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.