Market News

CME milk futures down, cash dairy mixed Tuesday

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

October Class III milk was down $.01 at $18.65.  November was down $.08 at $19.10. December was down $.04 at $18.38.  January was down $08 at 17.52. The milk futures from February through next September ranged from zero to seven cents lower.

Dry whey was up $.0025 at $.2875 cents per pound.  Ten sales were recorded from $.2850 to $.2900.

Forty-pound blocks were up $.0325 at $2.1025 per pound.  Seven sales were recorded from $2.1025 to $2.1150.

Barrels were up $.0525 at $2.1050 per pound.  No sales were recorded.

Grade AA Butter was down $.03 at $2.09 per pound.  Four sales were recorded from $2.09 to $2.10.

Nonfat dry milk was unchanged at $1.1650 per pound.  Four sales were recorded at $1.1625 and $1.1650.