CME dairy prices tumbled Friday

Market News

CME dairy prices tumbled Friday

Milk futures fell sharply and cash dairy prices were mostly down on the Chicago Mercantile Exchange Friday. 

November Class III milk was down $.18 at $18.01.  December closed down $.46 at $17.62.  January closed down $.31 at $18.17.  February was down $.11 at $18.55.  March through October contracts ranged from one to seventeen cents lower.

Dry whey remains rose a penny to $0.67.  One trade was recorded at that price. 

Blocks were down $.06 at $1.75.  One sale was recorded at $1.81.

Barrels went down $.0525 closing at $1.4975.   Nineteen trades were recorded between $1.50 and $1.55.

Butter closed down $.0075 at $1.95.   There was one sale at that price.

Nonfat dry milk went down $.01 to $1.55.  No sales were recorded.