Market News

CME milk futures fall, cash dairy mixed Thursday

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

July Class III milk was down $0.49 at $15.29.  August was down $0.45 at $16.18.  September was down $0.37 at $17.28.  October was down $0.18 at $18.02.  November through May contracts ranged from nine cents lower in December to five cents higher in May.

Dry whey was down $0.0025 at $0.2650.  Twelve sales were recorded from $0.2650 to $0.2675.

Cheese blocks were up $0.01 at $1.41.  Four sales were recorded from $1.4050 to $1.4125.

Cheese barrels were down $0.0025 at $1.5075.  One sale was recorded at that price.

Butter was up $0.0325 at $2.38.  One sale was recorded at that price.

Nonfat dry milk was down $0.0075 at $1.1425.  Three sales were recorded from $1.1450 to $1.15.