Market News

CME milk futures down, cash dairy mixed Thursday

Milk futures were mostly down and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday.  

October Class III milk was down $.02 at $18.60.  November was down $.12 at $18.56. December was down $.04 at $18.02.  January was unchanged at 17.28. The milk futures from February through next September ranged from zero to four cents lower.

Dry whey was down $.0125 at $.2925 cents per pound.  Eight sales were recorded from $.2925 to $.3000.

Forty-pound blocks were down $.0375 at $2.0025 per pound.  Two sales were recorded at $2.0025 and $2.01.

Barrels were down $.0200 at $2.00 per pound.  No sales were recorded.

Grade AA Butter was up $.0025 at $2.1450 per pound.  Two sales were recorded at $2.14 and $2.1450.

Nonfat dry milk was up $.0025 at $1.17 per pound.  Eight sales were recorded at that price.