Market News

CME milk futures down, cash dairy mixed Thursday

Milk futures were down and cash dairy prices were mixed Thursday on the Chicago Mercantile Exchange.

September Class III milk was down $0.04 at $19.59.  October closed down $0.37 at $19.52.  November was down $0.47 at $20.24.  December was down $0.31 to $20.55.  January through July contracts ranged from six cents lower in July to twenty-two cents lower in March. 

Dry whey was down $0.0050 to $0.47.  No sales were recorded.

Cheese blocks were up $0.01 closing at $1.7350.  No sales were recorded.

Cheese Barrels were unchanged at $1.85. No sales were recorded.

Butter closed $0.0375 higher at $3.0925.  Six sales were recorded from $3.09 to $3.0925.

Nonfat dry milk closed down $0.03 at $1.52.  Two sales were recorded at that price.