Market News

Nonfat dry milk nears $2 as cheese prices fall Monday at CME

Cash dairy prices were mixed Monday to start the week at the Chicago Mercantile Exchange.    

Dry whey was unchanged at $0.76. No sales were reported. 

Forty-pound cheese blocks were down $0.04 to $1.42. Four sales were reported ranging from $1.42 to $1.43. 

Cheese barrels were down $0.0225 to $1.44. No sales were reported. 

Butter was unchanged at $1.37. No sales were reported. 

Nonfat dry milk was up $0.0250 to $1.9950. Three sales were reported ranging from $1.99 to $1.9950.