CME milk futures lower, cash dairy mixed Friday
Milk futures were lower and cash dairy prices were mixed Friday on the Chicago Mercantile Exchange.
February Class III milk was down $0.26 at $18.06. March was down $0.15 at $18.01. April was down $0.17 at $18.18. May was down $0.15 at $18.55. June through December contracts range from eighteen cents lower in November to four cents higher in December.
Dry whey was up $0.0150 at $0.3275. No sales were recorded.
Cheese blocks were unchanged at $1.96. No sales were recorded.
Cheese barrels were down $0.0375 at $1.5525. Seven sales were recorded from $1.55 to $1.56.
Butter was up $0.0050 at $2.2725. One sale was recorded at $2.2675.
Nonfat dry milk was down $0.01 at $1.1525. Nine sales were recorded from $1.1525 to $1.16.