Market News

CME milk futures up, cash dairy mixed Monday

Milk futures were mostly up and cash dairy prices were mixed on the Chicago Mercantile Exchange Monday.  

June Class Three milk was unchanged at $16.30.  July was unchanged at $17.08 August was up $.09 to $17.44.  September was up $.09 to $17.64. The milk futures from October through next May ranged from zero to four cents higher.

Dry whey was up $.01 at $.3525 cents per pound.  Two sales were recorded at $.3425 and $.3575.

Forty-pound blocks were up $.0150 at $1.84 per pound.  Ten sales were recorded from $1.8250 to $1.8425.

Barrels were down $.0175 to $1.72 per pound.  Two sales were recorded at $1.71 and $1.7375.

Grade AA Butter was up $.0125 at $2.4025 per pound.  Three sales were recorded at $2.38 and $2.4025.  

Nonfat dry milk was down $.0050 at $1.04 per pound.  One sale was recorded at that price.