Milk futures lower, cash dairy mixed
November 12, 2019 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
News that Dean Foods is filing for bankruptcy seems to have rocked traders, milk futures on the Chicago Mercantile Exchange closed lower Tuesday as did cheese prices.
November Class III milk down 12 cents
at $20.04. December down 50 cents at $18.69. January 26 cents lower at $17.69. February down 12 cents at $17.10. March through June contracts seven to 10
Dry whey up $0.0075 at $0.2825. Eleven sales were made ranging from $0.2775 to
Blocks down $0.0750 at $1.94.
Barrels down $0.0150 at $2.3150.
Butter unchanged at $2.0675.
Nonfat dry milk up $0.0125 at $1.2175.
trades were made ranging from $1.21 to $1. 22.
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