Market News

CME milk futures down, cash dairy mixed Tuesday

Milk futures were lower and cash dairy markets were mixed Tuesday on the Chicago Mercantile Exchange.   

October Class III milk was down $0.31 at $16.98.  November was down $0.29 at $17.11.  December was down $0.22 at $17.51.  January was down $0.16 at $17.95.  February through August contracts ranged from eleven cents lower in February to ten cents higher in June.   

Dry whey was down $0.0350 at $0.29. Eighteen sales were recorded, ranging from $0.29 to $0.32. 

Forty-pound cheese blocks were down $0.0225 at $1.7575. No sales were recorded. 

Cheese barrels were down $0.0425 at $1.54.  Seven sales were recorded, ranging from $1.54 to $1.56. 

Butter was up $0.14 at $3.18.  One sale was recorded at $3.10. 

Nonfat dry milk was up $0.0225 at $1.1775. Two sales were recorded at $1.1775 and $1.18. 

Add Comment

Your email address will not be published.


Stay Up to Date

Subscribe for our newsletter today and receive relevant news straight to your inbox!