Market News

CME milk futures down, cash dairy mixed Monday

Milk futures were down and cash dairy prices were mixed with little sale activity Monday on the Chicago Mercantile Exchange.

September Class III milk was down $0.35 at $19.89.  October closed down $0.35 at $20.41.  November was down $0.45 at $21.17.  December was down $0.32 to $21.33.  January through July contracts ranged from fourteen cents lower in January to nine cents higher in April. 

Dry whey was up $0.0150 to $0.4850.  No sales were recorded.

Cheese blocks were down $0.0250 closing at $1.7150.  No sales were recorded.

Cheese Barrels were down $0.0225 closing at $1.86. No sales were recorded.

Butter was unchanged at $3.0825.  No sales were recorded.

Nonfat dry milk rose $0.01 closing at $1.57.  Five sales were recorded from $1.56 to $1.57.