Market News
CME milk futures down, cash dairy mixed Monday
Milk futures were down and cash dairy prices were mixed Monday on the Chicago Mercantile Exchange.
July Class III milk was down $0.03 at $14.15. August was down $0.06 at $14.80. September was down $0.14 at $15.88. October was down $0.12 at $16.80. November through June contracts ranged from unchanged in February, April, May, and June to thirteen cents lower in December.
Dry whey was unchanged at $0.24. No sales were recorded.
Cheese blocks were up $0.0575 at $1.3925. Three sales were recorded from $1.3250 to $1.3925.
Cheese barrels were down $0.0225 at $1.3225. Twenty sales were recorded from $1.3050 to $1.3325.
Butter was up $0.0275 at $2.4675. Five sales were recorded from $2.4550 to $2.47.
Nonfat dry milk was unchanged at $1.1175. No sales were recorded.
