Milk futures, cash dairy lower
November 16, 2020 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile Exchange continued their sell-off Monday as did cash markets with barrel cheese again posting large losses.
November Class III milk down a dime at $23.03. December 97 cents lower at $16.74. January down 20 cents at $16.76. February three cents lower at $16.51. March through May contracts unchanged to two cents higher.
Dry whey unchanged at $0.43.
Blocks unchanged at $1.9175.
Barrels down $0.21 at $1.40. Six trades were made at that price.
Butter down $0.02 at $1.38. Three trades were made ranging from $1.38 to $1.3850.
Nonfat dry milk down $0.0050 at $1.0825. Twelve trades were made at $1.0825 and $1.0850.
Your email address will not be published.
Subscribe for our newsletter today and receive relevant news straight to your inbox!