Market News

CME milk futures down, cash dairy mixed Tuesday

Milk futures fell again Tuesday and cash dairy prices were mixed on the Chicago Mercantile Exchange. 

November Class III milk was down $.01 at $17.94.  December closed down $.09 at $18.33.  January closed down $.24 at $18.75.  February was down $.17 at $18.94.  March through October contracts ranged from twelve cents lower to one cent higher.

Dry whey was unchanged at $0.70.  One sale was recorded at that price and there were two offers at $.73 and $.74.

Cheese Blocks were unchanged at $1.8575.  No sales were recorded.

Cheese Barrels went up $.0150 closing at $1.5250.   There was one sale at $1.5225 and one offer at $1.55.

Butter closed unchanged at $1.99.   There were no sales or offers Tuesday.

Nonfat dry milk was unchanged at $1.5675.  There were two sales at $1.5675 and $1.57 and two offers at $1.5750 and $1.58.