Market News

CME milk and cash dairy prices mixed at week’s end

Milk futures and cash dairy prices were mixed Friday on the Chicago Mercantile Exchange.

December Class III milk was up $0.09 at $20.29.  January was down $0.03 at $20.00.  February was unchanged at $19.89.  March was up $0.05 at $19.98.  April through October contracts ranged from unchanged in May and June to eighteen cents higher in October.

Dry whey remains unchanged at $0.45.  No sales were recorded.

Cheese blocks were unchanged at $2.10 and cheese barrels were unchanged at $1.8975 with no bids, offers, or sales recorded Friday.

Butter was up $0.02 closing at $2.90.  One sale was made at that price.

Nonfat dry milk was up $0.0125 at $1.36.   Four sales were recorded from $1.3575 to $1.36.