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CME milk & cash dairy mostly lower Friday
Milk futures and cash dairy prices were mostly down Friday on the Chicago Mercantile Exchange.
February Class III milk was down $0.06 at $18.24. March was down $0.01 at $17.99. April was up $0.02 at $18.32. May was down $0.02 at $18.64. June through January contracts ranged from four cents lower in January to thirteen cents higher in September.
Dry whey was down $0.0050 at $0.3250. Two sales were made at $0.3250 and $0.33.
Cheese prices continued to tumble, with blocks down $0.0950 at $1.8350. One sale was recorded at $1.8350.
Cheese barrels were down $0.0550 at $1.58. Five sales were recorded from $1.58 to $1.59.
Butter was unchanged at $2.3225. No sales were recorded.
Nonfat dry milk was down $0.0050 at $1.1750. Five sales were recorded from $1.17 to $1.1750.
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