Market News

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.