Market News

CME dairy prices fall Tuesday

Milk futures were down sharply and cash dairy prices were mostly down at the Chicago Mercantile Exchange Tuesday.

September Class Three milk was down $.15 to $16.11.  October was down $.07 to $16.81. November was down $.34 at $16.28.  December was down $.29 to $16.15. The milk futures from January through next August ranged from five to twenty cents lower.

Dry whey was up $.0050  at $.52 cents per pound.  No sales were recorded.

Barrels were down $.0650 at $1.4550 per pound.  One carload sold at $1.46.

Forty-pound blocks were down $.0450 at $1.6250 per pound.  No sales were recorded.

Grade AA Butter was down $.0325 at $2.2250 per pound.  Three carloads sold from $2.23 to $2.24.

Nonfat dry milk was unchanged at $.90 per pound.  No sales were recorded.