Market News
CME milk futures, dairy markets remain mixed Monday
Milk futures and cash dairy markets were mixed at the Chicago Mercantile Exchange Monday, January 11th.
January Class III milk was down $.15 at $16.55. February was down $.27 closing at $19.43. March was down $.02 at $19.05. April was up $.11 at $18.45. May through December contracts ranged from four cents lower in July to four cents higher in May.
Dry whey was unchanged at $.50. No sales were recorded.
Blocks were up $.0450 closing at $1.9625. Eight sales were recorded from $1.94 to $1.9625.
Barrels were unchanged at $1.6525. Four sales were made at that price.
Butter closed down $.07 at $1.31. Five sales were made from $1.3050 to $1.35.
Nonfat dry milk was down $.0050 at $1.1850. Six sales were recorded at that price.
