Market News

CME Milk futures up, butter down Monday

Milk futures were up, but butter prices were down to start the week Monday at the Chicago Mercantile Exchange.  

Class Three milk for March was up $.01 at $14.29 a hundredweight.  April was up $.24 at $14.57. May was up $.09 to $14.39. June was up $.08 to 14.75.  Milk futures from July through December were up between $.01 and $.06 cents with markets unchanged in early 2019.

Grade AA Butter was down $.0275 at $2.1825 per pound.  Fifteen carloads were sold with prices ranging from $2.1775 to $2.1825.

Barrels were unchanged at $1.56 per pound. No sales were recorded.

 40-pound blocks were down $.0025 at $1.5825 per pound.   Two carloads sold with prices at $1.5825 and $1.59.

Nonfat dry milk was unchanged at $.69 per pound.  Two carloads traded at $.6875.

Dry whey was unchanged at $.2925 cents per pound.  No sales were recorded.