Market News
CME dairy prices mixed Friday
Milk futures and cash dairy markets were mixed at the Chicago Mercantile Exchange Friday, January 8th.
January Class III milk was down $.15 at $16.70. February was up $.24 closing at $19.70. March was down $.06 at $19.07. April was down $.07 at $18.34. May through December contracts ranged from seven cents lower to six cents higher.
Dry whey was unchanged at $.50. No sales were recorded.
Blocks were up $.02 closing at $1.9175. Three sales were recorded from $1.9075 to $1.9150.
Barrels were unchanged at $1.6525. Six sales were made at that price.
Butter closed down $.01 at $1.38. One sale was made at that price.
Nonfat dry milk was down $.0050 at $1.19. Two sales were recorded at $1.19 and $1.1950.