Market News

CME milk futures up, cash dairy steady to lower Monday

Milk futures rose and cash dairy prices were steady to lower on the Chicago Mercantile Exchange Monday.

July Class III milk was up $0.01 at $22.53.  August closed up $0.05 at $20.46.  September closed up $0.19 at $20.50.  October was up $0.36 to $20.92.  November through June contracts ranged from unchanged in May to thirty-seven cents higher in January. 

Dry whey was unchanged at $0.4450.  No sales were recorded.

Cheese blocks were down $0.0325 closing at $1.8475. Two sales were recorded at $1.8275 and $1.83.

Cheese Barrels were down $0.0075 at $1.88.  Five sales were recorded ranging from $1.8675 to $1.8825.

Butter went down $0.0025 closing at $2.9875.  There were no sales recorded.

Nonfat dry milk was unchanged at $1.64. No sales were recorded.