Milk futures lower, cash dairy mixed
May 6, 2021 By Nicole Heslip Filed Under: Closing Futures / Livestock Briefs, Dairy Markets, Dairy Markets, Market News
Milk futures on the Chicago Mercantile Exchange traded lower as a run up in grain markets continues to pressure prices.
May Class III milk down 25 cents at $18.90. June down 75 cents at $19.01. July down 62 cents at $19.24. August down 40 cents at $19.41. September through November contracts seven to 17 cents lower.
Dry whey unchanged at $0.6475.
Blocks down $0.0425 at $1.76. Three trades were made from $1.76 to $1.7975.
Barrels down $0.07 at $1.7750. One trade was made at $1.8225.
Butter up $0.0125 at $1.7475. Four trades were made from $1.7350 to $1.75.
Nonfat dry milk down $0.0125 at $1.3450. Five sales were made from $1.3450 to $1.35.
Your email address will not be published.
Subscribe for our newsletter today and receive relevant news straight to your inbox!