Market News

CME milk and cash dairy prices down Thursday

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

July Class III milk was down $0.01 at $22.54.  August closed down $0.33 to $20.36.  September closed down $0.34 at $20.17.  October was down $0.25 to $20.66.  November through June contracts ranged from up a penny in March to twenty-four cents lower in November.

Dry whey was down $0.0225 at $0.4550.  Six sales were recorded between $0.4550 and $0.4775.

After three days without movement, cheese blocks fell $0.0650 to $1.91. There were three sales recorded between $1.91 and $1.97.

Cheese Barrels were down $0.09 at $1.96.  Two sales were recorded at $1.96 and $2.0550.

Butter went up $0.01 closing at $2.9250.  There were four sales ranging from  $2.92 to $2.9250.

Nonfat dry milk was up $0.0275 at $1.6875. Seven sales were recorded from $1.6825 to $16875.