CME milk futures down, cash dairy prices mixed Thursday

Market News

CME milk futures down, cash dairy prices mixed Thursday

Milk futures were mostly down, and cash dairy prices were mixed on the Chicago Mercantile Exchange Thursday.  

July Class III milk was up $.10 at $24.42.  August was down $.26 at $22.50. September was down $.07 at $20.86  October was down $.13 at $19.12  The milk futures from November through next June ranged from five cents higher to nineteen cents lower.  

Dry whey was unchanged at $.34 cents per pound.  No sales were recorded.

Forty-pound blocks were down $.0375 at $2.5850 per pound. There were two sales at $2.5850 and $2.5875.

Barrels were unchanged at $2.45 per pound.  Two sales were recorded at that price.

Grade AA Butter was up $.0400 at $1.7075 per pound.  Four sales were recorded from $1.6675 to $1.70.

Nonfat dry milk was down $.0050  at $.9925 per pound.  Seven sales were recorded from $.99 to $1.00.

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