Market News

CME cash dairy markets down, milk futures stop downward slide

Cash dairy prices fell and most milk futures stopped their downward slide at the Chicago Mercantile Exchange Tuesday.

 Class Three June milk was down $.01 to $15.32. July was down $.07 at $15.12.  August was up $.06 to $15.62. September was up $.09 to $16.12. The milk futures from October through next May ranged from one cent lower to five cents higher.

Grade AA Butter was down $.0125 at $2.31 per pound.  Six carloads sold from $2.3075 to $2.32.

Barrels were down $.07 at $1.3250 per pound.  Ten carloads sold from $1.33 to $1.38.

 Forty-pound blocks were down $.0275 to $1.5675 per pound.  No sales were recorded.

Nonfat dry milk was down $$.0075 at $.7525 per pound. One carload sold at that price.

Dry whey was down $.0050 at $.3950 cents per pound.  No sales were recorded.