Market News

CME milk futures, cash dairy close week higher

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

September Class III milk was unchanged at $19.79.  October closed up $0.34 at $20.93.  November was up $0.46 at $21.55.  December was up $0.31 to $21.58.  January through July contracts ranged from one cent lower in June to fourteen cents higher in February. 

Dry whey was up $0.0075 at $0.4575.  Four sales were recorded from $0.4550 to $0.4575.

Cheese blocks were up $0.0675 closing at $1.9175.  One sale was recorded at that price.

Cheese Barrels were unchanged at $1.9325. One sale was recorded at that price.

Butter was up $0.0225 closing at $3.17.  Eight sales were recorded from $3.17 to $3.1825.

Nonfat dry milk was up $0.01 at $1.5750.  Seventeen sales were recorded from $1.57 to $1.5750.