Market News

CME milk futures up, cash dairy steady to up Tuesday

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

June Class III milk was up $.03 at $20.97.  July was up $.15 at $22.35. August was up $.55 at $19.75.  September was up $.41 at $17.91.  The milk futures from October through next May ranged from two to thirty-two cents higher.  

Dry whey was unchanged at $.3175 cents per pound.  Five sales were recorded from $.3175 to $.32.

Forty-pound blocks were up $.02 at $2.64 per pound. There were five sales recorded from $2.62 to $2.67.

Barrels were unchanged at $2.40 per pound.  No sales were recorded.

Grade AA Butter was unchanged at $1.7650 per pound.  No sales were recorded.

Nonfat dry milk was down $.0075 at $1.0050 per pound.  Six sales were recorded from $1.0050 to $1.01.

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