Market News

CME milk futures down, cash dairy mixed Monday

Milk futures were lower and cash dairy prices were mixed Monday on the Chicago Mercantile Exchange.

June Class III milk was down $0.10 at $15.19.  July was down $0.17 at $15.97.  August was down $0.12 at $16.87.  September was down $0.02 at $17.74.  October through April contracts ranged from thirteen cents lower in October to ten cents higher in March.

Dry whey was up $0.0075 at $0.2650.  No sales were recorded.

Cheese blocks were unchanged at $1.43.  Six sales were recorded from $1.43 to $1.4450.

Cheese barrels were up $0.0375 at $1.55.  Five sales were recorded from $1.53 to $1.55.

Butter was down $0.0425 at $2.4025.  Five sales were recorded, ranging from $2.4025 to $2.44.

Nonfat dry milk was down $0.0075 at $1.1625.  Seven sales were recorded from $1.1625 to $1.1650.