CME milk and dairy prices keep sliding down Friday
Milk futures and cash dairy prices continued to slide on the Chicago Mercantile Exchange Friday.
September Class III milk was down $0.53 at $19.73. October closed down $0.30 at $20.00. November was down $0.39 at $20.60. December was down $0.25 to $20.60. January through July contracts ranged from down eight cents in June to thirty-five cents lower in March.
For a third straight day, dry whey remains unchanged at $0.45 with no sales activity.
Cheese blocks were down $0.0575 at $1.82. No sales were recorded.
Cheese Barrels were down $0.0525 at $1.8950. There were three sales from $1.8950 to $1.9225.
Butter went down $0.0150 closing at $2.94. Ten sales were recorded from $2.9275 to $2.9425.
Nonfat dry milk finished the week unchanged at $1.52. No sales were recorded.