Market News

CME milk futures and cash dairy prices keep sliding

Milk futures and cash dairy prices dropped again Friday on the Chicago Mercantile Exchange with a couple of exceptions.

November Class III milk was down $0.18 at $20.21.  December was up $0.01 at $18.81.  January was down $0.01 at $18.90.  February was down $0.05 at $19.22.  March through September contracts ranged from fifteen cents lower in July to two cents higher in March. 

Dry whey was unchanged at $0.43.  No sales were recorded.

Cheese blocks were unchanged at $1.96.  One sale was recorded at that price.

Cheese Barrels were unchanged at $1.9250. No sales were recorded.

Butter was down $0.0050 at $3.14.  Eight sales were recorded from $3.14 to $3.1475.

Nonfat dry milk moved up $0.01 to $1.43.  One sale was recorded at that price.