Milk futures close lower Wednesday
July 28, 2021 By Tom Steever Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile Exchange closed lower Wednesday.July closed 2 cents lower at 16.52; August 26 cents lower at 16.35; Sept, is down 16 cents at 16.50; October down 19 at 17.06.
Dry whey is up 1/4 cent, at $53.25Blocks unchanged at $1.63 and a halfBarrels down 1 1/2 cents at $1.40Butter down 1 ¾ cents at $1.62 and 3/4Nonfat dry milk unchanged at $1.25For August, the USDA has set the base Class I milk price at $16.90 per hundredweight, down $0.52 from July, with the base Class I skim price at $10.60, down $0.35.
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