Market News

CME milk futures down, cash dairy mixed Tuesday

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

July Class III milk was unchanged at $22.53.  August closed down $0.03 at $20.43.  September closed down $0.10 at $20.40.  October was down $0.14 to $20.78.  November through June contracts ranged from unchanged in March, April, May, and June to seventeen cents lower in December. 

Dry whey was down $0.0050 at $0.44.  No sales were recorded.

Cheese blocks were up $0.04 closing at $1.8875. Two sales were recorded at $1.8850 and $1.8875.

Cheese Barrels were up $0.0050 at $1.8850.  No sales were recorded.

Butter went up $0.0450 closing at $3.0325.  One sale was made at $3.0275.

Nonfat dry milk was down $0.0250 at $1.6150. One sale was recorded at that price.