CME milk futures & cash dairy lower Friday
Milk futures were lower in the near term and cash dairy prices were down Friday on the Chicago Mercantile Exchange.
June Class III milk was down $0.04 at $15.11. July was down $0.10 at $15.97. August was down $0.16 at $16.92. September was unchanged at $17.79. October through April contracts ranged from seven cents lower in March to ten cents higher in November.
Dry whey was unchanged at $0.2750. Nineteen sales were recorded from $0.2750 to $0.28.
Cheese blocks were down $0.05 at $1.4225. Eight sales were recorded from $1.4225 to $1.46.
Cheese barrels were unchanged at $1.57. Four sales were recorded from $1.57 to $1.5750.
Butter was down $0.0075 at $2.3625. Five sales were recorded, ranging from $2.3625 to $2.37.
Nonfat dry milk was down $0.0025 at $1.16. Two sales were recorded at that price.