Market News

CME milk futures sharply down, cash dairy mixed Friday

Cash dairy prices were mixed and milk futures were sharply down again at the Chicago Mercantile Exchange Friday.

 Class Three June milk was up $.01 to $15.37. July was down $.13 at $15.43.  August was down $.28 to $15.92. September was down $.26 to $16.39. The milk futures from October through next May ranged from three to eighteen cents lower.

Grade AA Butter was up $.0025 at $2.3525 per pound.  Seven carloads sold from $2.34 to $2.3525.

Barrels were down $.03 at $1.45 per pound.  Eight carloads sold from $1.45 to $1.4775.

 Forty-pound blocks were up $.0050 to $1.5950 per pound.  Eight carloads sold from $1.58 to $1.5950.

Nonfat dry milk was unchanged at $.7875 per pound. No sales were recorded.

Dry whey was unchanged at $.41 cents per pound.  No sales were recorded.