Market News

CME milk futures up, cash dairy mixed Thursday

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

December Class III milk was up $0.37 at $20.20.  January was up $0.61 at $20.03.  February was up $0.46 at $19.89.  March was up $0.28 at $19.93.  April through October contracts ranged from one cent higher in September and October to fifteen cents higher in May.

Dry whey remains unchanged at $0.45.  No sales were recorded.

Cheese blocks were up $0.350 at $2.10.   Five sales were recorded from $2.07 to $2.1025.

Cheese Barrels were up $0.08 at $1.8975.  Seven sales were recorded from $1.89 to $1.8975.

Butter was down $0.0450 closing at $2.88.  Two sales were recorded at $2.89 and $2.90.

Nonfat dry milk was down $0.0125 at $1.3475.   Four sales were recorded from $1.3475 to $1.3525.