Market News

CME milk futures and cash dairy down Monday

Milk futures and cash dairy prices were mostly down Monday on the Chicago Mercantile Exchange.

December Class III milk was unchanged at $20.50.  January was down $0.20 at $19.04.  February was down $0.16 at $19.12.  March was down $0.13 at $19.37.  April through October contracts ranged from a penny lower in October and November to twenty-three cents lower in August.

Dry whey was up $0.01 at $0.4450.  One sale was recorded at that price.

Cheese blocks were down $0.0350 at $2.06.  One sale was recorded at that price.

Cheese barrels were down $0.08 at $1.87.  One sale was recorded at that price.

Butter appears to be in another price rollercoaster, this time falling $0.1125 and closing at $2.70.  Four sales were recorded from $2.70 to $2.81.

Nonfat dry milk was down $0.0075 at $1.3575.   Four sales were recorded from $1.3525 to $1.3575.