Market News

CME milk futures up, cash dairy steady to higher Tuesday

Milk futures rose Tuesday and cash dairy prices were steady to higher on the Chicago Mercantile Exchange. 

December Class III milk was up a nickel at $18.71.  January closed up $.36 at $19.54.  February closed up $.43 at $19.71.  March was up $.14 at $19.53.  April through November contracts ranged from five to twenty-five cents higher.

Dry whey was unchanged at $0.6975.  No sales were recorded.

Cheese Blocks were unchanged at $1.8425.  No sales were recorded.

Cheese Barrels went up $.04 closing at $1.68.   No sales were recorded.

The butter market was active, closing up $.0475 at $2.06.  There were nine sales ranging from $2.0375 to $2.0675. 

Nonfat dry milk went up half a cent to close at $1.5675.  There were five sales ranging from $1.5650 to $1.5725.

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