Market News
CME dairy markets down again
Milk futures and cash dairy markets were down again on the Chicago Mercantile Exchange Thursday, January 21st.
January Class III milk was down $.03 at $16.15. February was down $.67 closing at $16.46. March was down $.45 at $17.33. April was down $.19 at $17.41. May through December contracts ranged from five cents lower to five cents higher.
Dry whey was up $.0050 at $.54. One sale was made at that price.
Blocks were down $.0775 closing at $1.6525. One sale was made at that price.
Barrels went down $.0500 to $1.39. Eighteen sales were made ranging from $1.38 to $1.39.
Butter closed down $.0525 at $1.4025. Three trades were made from $1.4025 to $1.46.
Nonfat dry milk was down $.0175 at $1.1825. Six sales were recorded from $1.18 to $1.1825.
