Milk futures, cash dairy lower
February 14, 2020 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile ended the week lower pressured somewhat by negative cash market movement.
February Class III milk down two
cents at $16.99. March down 11 cents at $17.01. April eight cents lower at $17.06. May down two cents at $17.12. June through September contracts three to
seven cents lower.
Dry whey down $0.0225 at $0.37. Three trades were made at that price.
Blocks down $0.0450 at $1.82.
Barrels unchanged at $1.5850. Fifteen trades were made at that price.
Butter unchanged at $1.80. Twenty-four trades were made ranging from
$1.80 to $1.8225.
Nonfat Dry milk down $0.0275 at $1.17. Five trades were made at $1.17 and $1.1750.
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