Market News

CME milk futures and cash dairy down Monday

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

January Class III milk was unchanged at $17.04.  February was down $.67 at $17.33. March was down $.57 at $17.68.  April was down $.48 at 17.52. The milk futures from May through next December ranged from seventeen to forty cents lower.

Dry whey was unchanged at $.3650 cents per pound.  No sales were recorded.

Forty-pound blocks were down $.0625 at $1.9325 per pound. There were no sales recorded.

Barrels were unchanged at $1.61 per pound.  One sale was made at that price.

Grade AA Butter was down $.0400 at $1.82 per pound.  Four sales were recorded from $1.8175 to $1.8475.

Nonfat dry milk was down $.0075 at $1.28 per pound.  No sales were recorded.