Market News

CME milk futures keep diving, cash dairy mixed Monday

Milk futures continued to dive and the cash dairy prices were mixed on the Chicago Mercantile Exchange Monday.

July Class Three milk was down $.04 at $14.16.   August was down $.17 to $14.52. September was down $.16 to $15.06.  October was down $.08 to $15.35. The milk futures from November through next June ranged from five to ten cents lower.

Grade AA Butter was up $.03 to $2.20 per pound.  Eight carloads sold between $2.19 and $2.2050.

Barrels were up $.0175 at $1.2625 per pound.  Six carloads of barrels sold from $1.2450 to $1.2625.    

 Forty-pound blocks were unchanged at $1.5425 per pound.  No sales were recorded.

Nonfat dry milk was unchanged at  $.7725 per pound. No sales were recorded.

Dry whey was up $.0075 to $.3975 cents per pound.  Two carloads sold at $.39 and $.3950.