Market News

CME milk futures keep sliding, but butter and barrels make slight gain

Dairy prices continued to fall at the Chicago Mercantile Exchange Thursday.

 Class Three June milk was down $.06 at  $15.26. July was down $.14 at $14.86. August was down $.07 to $15.49.  September was down $.02 to $16.07. The milk futures from October through next May ranged from ten cents lower to one cent higher.

Grade AA Butter was up $.0025 at $2.29 per pound.  No sales were recorded.

Barrels were up $.0175 at $1.31 per pound.  Thirty-four carloads sold from $1.2825 to $1.3275. There were also 22 carloads sold Wednesday.

 Forty-pound blocks were down $.01 to $1.4950 per pound.  Three carloads sold from $1.4950 to $1.5050. 

Nonfat dry milk was up $.0025 at $.77 per pound. Eight carloads sold from $.76 to $.77.

Dry whey was unchanged at $.39 cents per pound.  No sales were recorded.