Market News

CME milk futures lower, cash dairy mixed Friday

Milk futures were lower and cash dairy prices were mixed Friday on the Chicago Mercantile Exchange.

February Class III milk was down $0.26 at $18.06.  March was down $0.15 at $18.01.  April was down $0.17 at $18.18.  May was down $0.15 at $18.55.  June through December contracts range from eighteen cents lower in November to four cents higher in December.

Dry whey was up $0.0150 at $0.3275.  No sales were recorded.

Cheese blocks were unchanged at $1.96.  No sales were recorded.

Cheese barrels were down $0.0375 at $1.5525.  Seven sales were recorded from $1.55 to $1.56.

Butter was up $0.0050 at $2.2725.  One sale was recorded at $2.2675.

Nonfat dry milk was down $0.01 at $1.1525.  Nine sales were recorded from $1.1525 to $1.16.