Market News

Butter drops while nonfat dry milk jumps higher Monday at CME

Cash dairy prices were mostly unchanged Monday to start the week at the Chicago Mercantile Exchange.    

Dry whey was unchanged at $0.7375. No sales were reported. 

Forty-pound cheese blocks were unchanged at $1.4825. No sales were reported. 

Cheese barrels were unchanged at $1.5650. No sales were reported. 

Butter was down $0.0125 to $1.45. Eighteen sales were reported ranging from $1.4350 to $1.45. 

Nonfat dry milk was up $0.0050 to $1.87. Two sales were reported at that price.