CME milk futures, cash dairy prices down Monday
Milk futures and cash dairy prices were all lower Monday on the Chicago Mercantile Exchange.
July Class III milk was down $0.49 at $14.86. August was down $0.44 at $15.68. September was down $0.50 at $16.77. October was down $0.30 at $17.70. November through May contracts ranged from unchanged in April to twenty-five cents lower in November.
Dry whey was down $0.0025 at $0.2625. Thirteen sales were recorded from $0.2625 to $0.2650.
Cheese blocks were down $0.0425 at $1.3625. Nine sales were recorded from $1.3625 to $1.4050.
Cheese barrels were down $0.05 at $1.45. Nine sales were recorded from $1.45 tol $1.4575.
Butter was down $0.06 at $2.36. One sale was recorded at that price.
Nonfat dry milk was down $0.0075 at $1.1250. Four sales were recorded from $1.1250 to $1.1325.