Market News

CME milk futures & cash dairy higher Monday

Milk futures and cash dairy prices were higher again Monday on the Chicago Mercantile Exchange.

August Class III milk was up $0.75 at $17.46.  September was up $0.75 at $18.42. October was up $0.75 at $18.97.  November was up $0.75 at $19.22.  December through June contracts ranged from thirty-eight cents higher in May to sixty-seven cents higher in December.

Dry whey was up $0.0075 at $0.26.  Two sales were recorded at $0.2575 and $0.26.

Cheese blocks were up $0.08 at $1. 8625.  Five sales were recorded, ranging from $1.80 to $1.85.

Cheese barrels were up $0.0175 at $1.83.  No sales were recorded.

Butter was up $0.03 at $2.6125.  Eleven sales were recorded, ranging from $2.60 to $2.6125.

Nonfat dry milk was up $0.03 at $1.15.  Five sales were recorded, ranging from $1.13 to $1.15.