Market News

CME milk futures lower, cash dairy mixed Friday

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

May Class III milk was down $0.11 at $16.57.  June was down $0.07 at $16.99.  July was down $0.01 at $17.76.  August was down $0.01 at $18.52.  September was down one cent at $19/15, and October through March contracts had no changes.

Dry whey was down $0.01 at $0.3275.  Ten sales were recorded from $0.3250 to $0.3275.

Cheese blocks were down $0.0525 at $1.6125.  Nineteen sales were recorded from $1.6125 to $1.62.

Cheese barrels were down $0.0175 at $1.53.  Three sales were recorded from $1.53 to $1.5325.

Butter was up $0.0025 at $2.4450.  No sales were recorded.

Nonfat dry milk was up $0.0050 at $1.1975.  Four sales were recorded from $1.1950 to $1.1975.