CME milk futures and cash dairy prices fall Tuesday
December 10, 2019 By Larry Lee Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Most milk futures and cash dairy prices were down significantly on the Chicago Mercantile Exchange Tuesday. Butter was the only product showing a gain.
December Class III milk was down $.08 at $19.43. January was down $.24 at $18.40. February was down $.22 at $17.63. March was down $.22 at 17.19. The milk futures from April through next November ranged from zero to twenty cents lower.
Dry whey was unchanged at $.3625 cents per pound. Five bids were offered, but no sales were recorded.
Forty-pound blocks were down $.0225 at $1.9475 per pound. No sales were recorded.
Barrels were down $.1325 at $1.9475 per pound. Two sales were recorded at $1.9775 and $2.00.
Grade AA Butter was up $.0100 at $1.94 per pound. One sale was recorded at that price.
Nonfat dry milk was down $.0050 at $1.2625 per pound. There were five offers and two bids, but no sales recorded.
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