Market News

CME milk futures and cash dairy trade mixed Monday

Milk futures and cash dairy markets were mixed Monday on the Chicago Mercantile Exchange.   

October Class III milk was up $0.13 at $17.29.  November was up $0.06 at $17.40.  December was down $0.12 at $17.73.  January was down $0.04 at $18.11. February through August contracts ranged from unchanged in May and June to fourteen cents lower in February. 

Dry whey was up $0.0225 at $0.3250. No sales were recorded. 

Forty-pound cheese blocks were unchanged at $1.78. No sales were recorded. 

Cheese barrels were down $0.0175 at $1.5825.  No sales were recorded. 

Butter was up $0.04 at $3.04.  No sales were recorded. 

Nonfat dry milk was down $0.0150 at $1.1550. Five sales were recorded ranging from $1.1550 to $1.16.