Market News
CME dairy markets mixed Friday
Milk futures were higher and cash dairy markets were mostly lower on the Chicago Mercantile Exchange Friday, January 15th.
January Class III milk was up $.01 at $16.23. February was up $.32 closing at $19.23. March was up $.41 at $19.04. April was up $.29 at $18.55. May through December contracts ranged from two to twenty-seven cents higher.
Dry whey was up $.02 at $.53. One sale was recorded at that price.
Blocks were down $.07 closing at $1.83. Five sales were recorded at that price.
Barrels went down $.0025 to $1.5725. Eight sales were made at that price.
Butter closed down $.01 at $1.29. Thirteen trades were made ranging from $1.29 to $1.3275.
Nonfat dry milk was unchanged at $1.20. Thirteen sales were recorded from $1.1975 to $1.2025.
